Maharatna Power sector PSU Power Grid Corporation Of India shares will remain in focus tomorrow on BSE and NSE. The company will consider its financial results and 2nd interim dividend on February 3, 2025. Last trading price of Power Grid Corporation shares on BSE is Rs 289.95 per share as on February 1, 2025. The stock offered return of 9.09% in last 1-year and slipped 19.74% in last 6-months. Check details below:
Power Grid Corporation Of India To Consider Results, Interim Dividend
As per the exchange filing of Power Grid dated January 28, 2025, “a meeting of Board of Directors of POWERGRID is scheduled to be held on Monday, 03rd February, 2025 to consider and approve, amongst other items of Agenda, the Unaudited Financial Results of the Company for the quarter and nine months ended 31st December, 2024 after these results are reviewed by the Audit Committee and the declaration of 2nd Interim Dividend out of the profits of the Company, if any, for the FY 2024-25.”
Power Grid Sets Record Date For Interim Dividend
The exchange filing added, “it is informed that the Company has fixed Friday, 07th February, 2025 as the ‘Record Date’ for the purpose of ascertaining the eligibility of the Shareholders for payment of Interim Dividend, if declared, by the Board of Directors.”
Power Grid Shares Performance
The 52-week high price of Power Grid shares on BSE is Rs 366.20 per share (as on 25/09/2024) and 52-week low price is Rs 257.75 per share (as on 15/03/2024), respectively. The stock slipped 6.2% year-to-date, gained 78.49% in last 2-years, and offered returns of 182.30% in last 5-years.
Power Grid Corporation Dividend History
Power Grid declared a total of 39 dividends since March 10, 2008. In last 1-year, the PSU recommended an equity dividend amounting to Rs 11.75 per share. At the current share price, Power Grid Corporation of India Ltd offers a dividend yield of 4.05%.
Power Grid Corporation About
Power Grid Corporation of India Limited is a Schedule ‘A’, ‘Maharatna’ Public Sector Enterprise of Govt. of India which was incorporated on 23rd Oct 1989 under the Company Act, 1956. POWERGRID, one among the largest power transmission utilities in the world, has developed expertise in its core areas such as power transmission, sub-transmission system, distribution management, load dispatch & communications, in India and abroad, as per its official website.
Disclaimer: The story highlights upcoming dividend, Q3 results and should not be considered as investment advice by the Moneydaily.in or the Author. Moneydaily.in and the author will not be held responsible for any losses caused as a result of decisions based on the above information. Moneydaily.in advises readers to do their own research or consult a SEBI registered investment advisor before making any investment decisions.
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