Power Grid Corp (POWERGRID) Shares Navigate Choppy Waters, Post Modest Gains on NSE

NEW DELHI, INDIA – Shares of Power Grid Corporation of India Ltd (NSE: POWERGRID), the country’s central transmission utility, experienced a volatile trading session on India’s National Stock Exchange (NSE) on April 15th, ultimately holding onto slight gains. As of 3:02 PM India Standard Time (IST), the stock was trading at ₹305.30 Indian Rupees (INR).

This price represented a modest increase of ₹1.20 INR, or 0.39%, compared to the previous day’s closing price of ₹304.10 INR. The 1-day chart highlights significant fluctuations during the trading hours.

POWERGRID shares saw considerable movement throughout the day. The stock reached intraday highs above ₹308 INR both in the morning and around noon IST. However, it faced selling pressure in the afternoon session, declining steadily from its midday peak to touch lows near the ₹305.00 INR level shortly before 2:00 PM IST. The price observed later in the afternoon indicated a slight recovery from these lows but remained significantly off the day’s highs.

Market watchers are observing the price action of this key state-owned enterprise involved in bulk power transmission across India as trading continues on the NSE.

Key Data Points (as of Apr 15, 3:02 PM IST):

• Company: Power Grid Corporation of India Ltd

• Ticker: POWERGRID

• Exchange: National Stock Exchange of India (NSE)

• Current Price: ₹305.30 INR

• Day’s Change: +₹1.20 INR (+0.39%)

• Previous Close: ₹304.10 INR