Power Grid Corp of India shares slip 0.59% in weak market
Updated
Updated · MarketWatch · May 7
Power Grid Corp of India shares slip 0.59% in weak market
9 articles · Updated · MarketWatch · May 7
The stock closed at ₹313.90 on Thursday as the BSE Sensex fell 0.15% to 77,844.52.
Power Grid ended 3.36% below its 52-week high of ₹324.80, reached on 27 April.
Among peers, Tata Power fell 0.90%, Gujarat Industries Power rose 0.98% and Jindal Steel slipped 0.48%; trading volume was 429,184 against a 50-day average of 588,533.
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As India's green energy goals are choked by its aging grid, can Power Grid's new plans prevent a nationwide power crisis?