Buy Power Grid Corporation of India, target Rs 205: Manas Jaiswal
Manas Jaiswal of manasjaiswal.com has a buy call on Power Grid Corporation of India Ltd. with a target price of Rs 205. The current market price of Power Grid Corporation of India Ltd. is Rs 197.7. Time period given by the analyst is Intra Day when Power Grid Corporation of India Ltd. price can reach the defined target. Manas Jaiswal recommended to keep stoploss at Rs 194. Power Grid Corporation of India Ltd., incorporated in 1989, has a market cap of Rs 103428.53 crore.
Power Grid Corporation of India Ltd. key Products/Revenue Segments include Transmission Revenue which contributed Rs 28447.16 Crore to Sales Value (95.61 % of Total Sales), Consultancy Income which contributed Rs 662.18 Crore to Sales Value (2.22 % of Total Sales), Income From Telecom which contributed Rs 606.59 Crore to Sales Value (2.03 % of Total Sales) and Other Operating Revenue which contributed Rs 36.53 Crore to Sales Value (0.12 % of Total Sales)for the year ending 31-Mar-2018.
