Power Grid Corporation announces Q3 results January 30, 2008
Power Grid Corporation of India Ltd has announced the following Unaudited results for the quarter ended December 31, 2007:
The Company has posted a profit after tax of Rs 3842.80 million for the quarter ended December 31, 2007 as compared to Rs 3372.70 million for the quarter ended December 31, 2006. Total Income has increased from Rs 10048.00 million for the quarter ended December 31, 2006 to Rs 11937.70 million for the quarter ended December 31, 2007.
The figures for the quarter ended December 31, 2006 are Audited
Power Grid Corporation Board to consider interim dividend February 22, 2008
Power Grid Corporation of India Ltd has informed that a meeting of the Board of Directors of the Company will be held on March 05, 2008, inter alia, to consider, declaration of Interim Dividend for the Financial Year 2007-08.
Further the Company has informed that, March 11, 2008 has been fixed as the Record Date for the purpose of payment of interim dividend, if declared
FRIENDS, POWER GRID CORPORATION IS GOING TO DECLARE INTERIM DIVIDEND ON 5TH MARPower Grid Corporation Board to consider interim dividend February 22, 2008
Power Grid Corporation of India Ltd has informed that a meeting of the Board of Directors of the Company will be held on March 05, 2008, inter alia, to consider, declaration of Interim Dividend for the Financial Year 2007-08.
Further the Company has informed that, March 11, 2008 has been fixed as the Record Date for the purpose of payment of interim dividend, if declared
TO 2364 and others. EXPECT THIS PRICE OF 200 BY FEBRARY, 2008. ANYWAY PURCHASE AT PRESENT PRICE OF 142 AND WAIT. SABR KA FAL MITA HOTA HAI. POWER GRID WILL DEFINITELY PROVE TO BE A GEM OF YOUR PORTFOLOIO. SO HOLD.
I have applied for IPO and Rs.26000 were debited to my account. Neither refund is received nor credited to my accout, please inform me e-mail address or address of Registry of the Power Grid Corporation to enable me to write for refund.
News Body: Power Grid Corporation of India Ltd has informed BSE that the Company has entered into a Joint Venture on November 23, 2007 with Reliance Energy Ltd. The Shareholders' Agreement and other Agreements to this effect were signed between the Company and Reliance Energy Ltd / Joint Venture Company on November 23, 2007 at Delhi. The Joint Venture Company has in its scope execution of about 300 kms. Transmission Lines from Parbati to Koldam and Koldam to Ludhiana. The Company will have a 26% equity holding in the Joint Venture Company and Reliance Energy Ltd will have 74% equity holding.
The above lines are part of elements of the Transmission system associated with Generation Projects viz. Parbati-II HEP and Koldam HEP. NHPC is establishing 800MW Parbati-II HER and NTPC is establishing 800MW Koldam HEP in the state of Himachal Pradesh
i have 286 shares at allotment price. should i sell or hold it? what should be the target for next three months? should it be purchased at current level also if one retains it for next six months ?
Reliance IPO will be in the price band of 70-90...
About power grid....!! it is facing some resistance at 140 levels... if it crosses 152 level den i feel it can go upto the levels of 175-180.... but power grid is good for long term.... with alll the political and financial uncertainity it is difficult to predict for short term...!! holding on for 1 year minimum will yeild good returns....