Friday, January 8, 2021

POWERGRID | Stock Price Outlook

 

Power Grid Corporation of India Ltd.

Stock/Share Price: 197


➽ In this article we will discuss recent development in the StockShare of POWERGRID in the Stock Market. Strong Performer: Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation.


Key  Summary


Promoters holding remains unchanged at 51.34% in Sep 2020 qtr

Mutual Funds have decreased holdings from 10.93% to 9.8% in Sep 2020 qtr

Number of MF schemes decreased from 31 to 30 in Sep 2020 qtr

FII/FPI have increased holdings from 25.32% to 25.97% in Sep 2020 qtr.

Number of FII/FPI investors increased from 805 to 821 in Sep 2020 qtr.

Institutional Investors have decreased holdings from 43.64% to 42.18% in Sep 2020 qtr


PETRONET | Stock Price Outlook



Technical Chart & Price Outlook



Long position in the stock can be made for the potential upside level of 208 / 214 in short term  and 228 /234 in mid term. 



Recent Valuation Summary


Effectively using its capital to generate profit - RoCE improving in last 2 years

Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year

Efficient in managing Assets to generate Profits - ROA improving since last 2 year

Growth in Net Profit with increasing Profit Margin (QoQ)

Growth in Quarterly Net Profit with increasing Profit Margin (YoY)

Strong cash generating ability from core business - Improving Cash Flow from operation for last 2 years

Annual Net Profits improving for last 2 years

Book Value per share Improving for last 2 years

Company with Zero Promoter Pledge


PANACHE | Stock Price Outlook


Thanks for your Precious Time.


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Disclaime
r- The information on this blog are based on my personal opinion and experience, it should not be considered professional financial investment advice and in no way it should be considered as a tip. We does not take any compensation of any kind whatsoever from any reader,user and company that are mention on this website.We are not SEBI registered financial advisor or analyst.


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