- Power Grid’s net income has dropped by 1.9% year on year, coming in at 41.3 billion rupees, which is less than the expected 42.45 billion rupees.
- The company’s revenue has also decreased by 2.5% year on year, to 110.5 billion rupees, which is notably lower than the estimated 124.26 billion rupees.
- Total costs for Power Grid have risen by 1.3% year on year to 70.5 billion rupees.
- There is some good news; other income has seen a substantial increase of 56% year on year to 12.03 billion rupees.
- Dividends per share are 2.75 rupees.
- A mix of opinions are showcased in the current recommendations: 11 buys, 3 holds and 7 sells.
- All comparisons to past results are based on values reported by the company’s original disclosures.
A look at Power Grid Corporation Of India Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Power Grid Corporation of India Limited, a central transmission utility established by the Government of India, is positioned well for long-term success based on the Smartkarma Smart Scores. With a strong emphasis on providing returns to its shareholders, the company boasts a top score in Dividend and Momentum, highlighting its consistent performance in rewarding investors and its positive growth trajectory.
While the Value and Growth scores indicate room for improvement, the company’s overall resilience in the market should not be overlooked. With a focus on building and operating vital infrastructure nationwide, Power Grid Corporation of India Limited continues to play a crucial role in India’s energy sector, underpinning its long-term sustainability and potential for further growth.
Summary: Power Grid Corporation of India Limited, designated as the central transmission utility in India, is dedicated to establishing and operating critical transmission infrastructure across the country, fulfilling its mandate from the Government of India.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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