Power Grid Shares In Red After Flat Q2 Numbers
Thu, Nov 7, 2024 10:41 AM

Power Grid Shares In Red After Flat Q2 Numbers

A Flip by Shubhangi Gupta
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Power Grid shares fell 0.41% to ₹317.20 after reporting Q2 results, with net profit increasing to ₹3,793 crore and operational revenue remaining flat at ₹11,277.76 crore. The company announced an interim dividend of ₹4.50 per share and analysts expect a promising long-term growth outlook driven by infrastructure development and renewable energy initiatives.

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