PowerGrid InvIT Consolidated December 2022 Net Sales at Rs 324.32 crore, down 3.12% Y-o-Y

Powergrid Infrastructure Investment Trust on Tuesday reported a more than six per cent decline in its consolidated net profit to Rs 216.82 crore in the December 2022 quarter.

PowerGrid InvIT Q3 net dips 6% to Rs 216 cr, income declines to Rs 331 cr

PowerGrid InvIT Standalone September 2022 Net Sales at Rs 274.77 crore, down 34.08% Y-o-Y

According to an analysis of data available with the stock exchanges, 12 companies have raised Rs 27,052 crore through IPOs in the first four months (April-July) of the current fiscal 2021-22. Apart from these, PowerGrid InvIT, the infrastructure investment trust (InvIT) sponsored by the Power Grid C…

IPOs raise over Rs 27,000 cr in Apr-Jul; issues worth Rs 70K cr in pipeline

The total fund raised by these upcoming four IPOs would be Rs 9,122.92 crore. So far in 2021, 19 IPOs, including those of Brookfield REIT and PowerGrid Infrastructure Investment Trust, have raised more than Rs 29,000 crore.

IPO Alert : These 4 Mainboard Issues Hit The Street Next Week

PowerGrid InvIT and SBI Cards raised ₹3480 crore and ₹2769 crore, respectively, from anchor investors

Soma Comstar garners ₹2,498 crore from anchor investors ahead of IPO

It reached the highest point of 4.97% premium in the day, while the lowest was 2.84%. The closing price of Rs 102.98 was, in fact, 0.98% lower than the opening price of Rs 104 per share.

Modest debut for PowerGrid InvIT, closes at 2.98% above issue price of Rs 100 on BSE

The IPO, which concluded on May 3, was subscribed 4.8 times. The IPO was priced between Rs 99 and Rs 100 per unit. The InvIT had raised Rs 7,735 crore

PowerGrid Infrastructure Investment Trust ends debut trade at 3% premium

State-run Power Grid Corporation of India Ltd said it has received Rs 2,736.02 crore through sale of 27.41 crore units in the PowerGrid Infrastructure Investment Trust (PGInvIT) offer for sale

Power Grid Corporation raises Rs 2,736 crore through InvIT OFS

PowerGrid Infrastructure Investment Trust closed the trade with a premium of 3 per cent on Friday against its issue price of Rs 100.

PowerGrid InvIT ends with 3 pc premium against Rs 100 issue price

Investors can expect fairly predictable and stable kind of cash flows from the existing five assets and also there is good growth potential going forward, PowerGrid CMD K Sreekant.

PowerGrid InvIT Closes With 3% Gains At Rs 103 On Debut

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

POWERGRID Infrastructure Investment Trust is an estate. The Company is located in Gurgaon, India.

POWERGRID Infrastructure Investment Trust