Power Grid Corp. Of India Slides Thursday, Outperforms Competitors

Dow Jones

May 08, 2025

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

Shares of Power Grid Corp. of India Ltd. dropped 1.09% to 307.85 Indian rupees Thursday, on what proved to be an all-around rough trading session for the stock market, with the BSE SENSEX Index falling 0.51% to 80,334.81.

Power Grid Corp. of India Ltd. closed 15.93% below its 52-week high of 366.20 rupees, which the company reached on September 25th.

Despite its losses, the stock outperformed some of its competitors Thursday, as Tata Power Co. Ltd. fell 1.91% and Gujarat Industries Power Co. Ltd. fell 2.80%. Jindal Steel & Power Ltd. fell 3.12%.

Trading volume totaled 403,952, compared to the 50-day average of 343,010.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

May 08, 2025 06:32 ET (10:32 GMT)

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