Power Grid Corp secured a 400 kV double‑circuit transmission project (Tumkur‑II) in Karnataka to integrate 2.7 GW renewable capacity under a BOOT model.
Shares trade at Rs 286, 11 % below the 52‑week high of Rs 322, with a P/E of 17.2 versus the industry average of 17.5.
FY‑FY revenue rose 10.3 % to Rs 12,395 cr, operating profit 11.2 % to Rs 10,607 cr, and net profit 8.3 % to Rs 4,185 cr.
Power Grid plans an additional Rs 82,000 cr capex for FY27‑FY28 to support grid modernization and renewable‑energy integration.