Power Grid Corp. Of India Slides Friday, Underperforms Competitors

Dow Jones
05-02

This article was automatically generated by MarketWatch using technology from Automated Insights.

Power Grid Corp. of India Ltd. shares inched down 0.85% to 304.05 Indian rupees Friday, on what proved to be an all-around positive trading session for the stock market, with the BSE SENSEX Index rising 0.32% to 80,501.99.

Power Grid Corp. of India Ltd. closed 16.97% short of its 52-week high of 366.20 rupees, which the company achieved on September 25th.

The stock underperformed when compared to some of its competitors Friday, as Tata Power Co. Ltd. fell 0.69% and Gujarat Industries Power Co. Ltd. fell 0.30%. Jindal Steel & Power Ltd. rose 0.23%.

Trading volume totaled 77,564, compared to the 50-day average of 343,291.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

May 02, 2025 06:32 ET (10:32 GMT)

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