Power Grid Corp. Of India Slides Friday, Underperforms Competitors

Dow Jones

May 02, 2025

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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