Power Grid Corp. Of India Slides Wednesday, Underperforms Competitors

Dow Jones

Jul 16, 2025

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

Shares of Power Grid Corp. of India Ltd. inched down 0.50% to 296.90 Indian rupees Wednesday, on what proved to be an all-around positive trading session for the stock market, with the BSE SENSEX Index rising 0.08% to 82,634.48.

Power Grid Corp. of India Ltd. closed 18.92% short of its 52-week high of 366.20 rupees, which the company achieved on September 25th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Tata Power Co. Ltd. rose 2.67% and Gujarat Industries Power Co. Ltd. rose 0.16%. Jindal Steel & Power Ltd. fell 1.31%.

Trading volume totaled 156,061, compared to the 50-day average of 404,500.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

July 16, 2025 06:32 ET (10:32 GMT)

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Ltd.  rose 2.67% and Gujarat Industries Power Co. Ltd.  rose 0.16%. Jindal Steel & Power Ltd.  fell 1.31%. \n\n\n     Trading volume totaled 156,061, compared to the 50-day average of 404,500. \n\n\n  Data source: Dow Jones Market Data, FactSet \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 16, 2025 06:32 ET (10:32 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}