Power Grid Corporation of India Ltd Share Price – NSE /  BSE

Power Generation & Distribution, Mid Cap

Under the project, the company will undertake transmission system strengthening for integration of additional renewable energy (RE) capacity at Davanagere (0.25 GW) and Bellary (2.75 GW) on build, own, operate and transfer (BOOT) basis.

The project comprises 400 kV D/c transmission line traversing in the state of Karnataka along with associated line bays works at both ends and augmentation works (ICTs and Line Bays) at both Davangere and Bellary pooling stations.

Power Grid Corporation of India was established by the Government of India (GoI) as the central transmission utility of India. The company is a 'Maharatna' firm under the Ministry of Power, GoI. As of 30 September 2025, the Government of India owned a 51.34% stake in the company.

The company?s consolidated net profit fell 5.98% to Rs 3,566.08 crore despite a 1.76% increase in revenue from operations to Rs 1,147.59 crore in Q2 FY26 over Q2 FY25.

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Securities in F&O Ban:

Shares of Steel Authority of India (SAIL) and Sammaan Capital are banned from F&O trading on 9 January 2026.

Initial Public Offer (IPO):

Bharat Coking Coal India IPO opens for subscription on 9 January 2026 to 13 January 2026. The IPO price band has been set between Rs 21 to Rs 23 per share with a lot size of 600 shares.

Result Today:

Globus Spirits, Indian Renewable Energy Development Agency (IREDA) and Tejas Networks will declare their quarterly results later today.

Stocks to Watch:

Indian energy Exchange (IEX) will be in focus today as the Electricity Appellate Tribunal (APTEL) is scheduled to hear the market coupling case on Friday, January 9 at 10:30 AM.

Power Grid Corporation of India has been declared as successful bidder under Tariff Based Competitive Bidding to establish 3GW transmission project situated in Davanagere, Karnataka.

Rail Vikas Nigam (RVNL) has received a letter of award(LoA) from East Coast Railway for setting up of wagon POH workshop of 200 Nos. capacity at Kantabanji.

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Astra Microwave Products? joint venture, Astra Rafael Comsys has received Rs 275.27 crore order from Indian Air Force for integration of software defined radio (SDR) and installation of network centric application (NCO) on MiG-29 aircraft.

Bharat Forge has signed a Memorandum of Understanding (MoU) with Agile Robots S.E. to jointly explore the space of AI driven robotics and intelligent industrial automatiom.

Venus Remedies has obtained marketing authorisation in Indonesia for its antibiotic combination Ceftazidime and Avibactam.

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Power Grid Corporation of India Ltd is up for a third straight session today. The stock is quoting at Rs 270, up 1.2% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.55% on the day, quoting at 26289.4. The Sensex is at 85636.03, up 0.53%. Power Grid Corporation of India Ltd has gained around 0.58% in last one month.

Meanwhile, Nifty Energy index of which Power Grid Corporation of India Ltd is a constituent, has gained around 2.78% in last one month and is currently quoting at 35507.65, up 1.62% on the day. The volume in the stock stood at 73.79 lakh shares today, compared to the daily average of 83.89 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 271.6, up 1.17% on the day. Power Grid Corporation of India Ltd is down 14.57% in last one year as compared to a 9.52% jump in NIFTY and a 0.52% jump in the Nifty Energy index.

The PE of the stock is 16.08 based on TTM earnings ending September 25.

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The project entails the selection of battery energy storage developers for setting up a cumulative capacity of 2,000 MWh, structured as 1,000 MW with a two-hour storage duration, for on-demand usage. The project will be implemented under the build-own-operate (BOO) model and is supported by Viability Gap Funding through the Power System Development Fund.

As part of the mandate, PowerGrid will set up a 150 MW/300 MWh standalone battery energy storage system at the 400/220 kV substation at Kalikiri in Chittoor district, Andhra Pradesh. The facility will be located at a selected APTRANSCO substation and is aimed at enhancing grid flexibility and reliability.

The letter of award was received by PowerGrid on 29 December 2025. The battery energy storage system is expected to support on-demand power requirements and improve the integration of renewable energy into the grid, while also strengthening the overall transmission infrastructure in Andhra Pradesh.

The Power Grid Corporation of India was established by the Government of India (GoI) as the central transmission utility of India. The company is a 'Maharatna' firm under the Ministry of Power, GoI.

The company?s consolidated net profit fell 5.98% to Rs 3,566.08 crore despite a 1.76% increase in revenue from operations to Rs 1,147.59 crore in Q2 FY26 over Q2 FY25.

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