Power Grid Corporation of India

Power Grid Corporation of India's permissible equity investment limit per subsidiary has been increased from Rs 5,000 crore to Rs 7,500 crore. This will enable Power Grid Corporation of India to expand its investment in its core business, support renewable energy evacuation, and participate in capital-intensive transmission projects, leading to increased competition and better price discovery.

Power Grid Corporation of India has appointed Burra Vamsi Rama Mohan as its new Chairman and Managing Director, which is expected to drive its continued growth, innovation, and leadership in India's power transmission sector. During his tenure as Director (Projects), Power Grid Corporation of India recorded its highest-ever capitalization and CAPEX.

Power Grid Corporation of India was listed among the biggest gainers, indicating a positive performance in the market, likely influenced by the general upbeat sentiment.

Power Grid Corporation of India was a major laggard in the S&P BSE Sensex, indicating a decline in its stock price.

Power Grid Corporation of India was among the laggards, reflecting a broader weakness in certain sectors.