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PGCIL turns volatile after announcing Q2 results

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Capital Market
Last Updated : Nov 03 2017 | 10:01 AM IST

Power Grid Corporation of India lost 1.63% to Rs 211.50 at 9:44 IST on BSE, with the stock turning volatile after reporting Q2 September 2017 results after market hours yesterday, 2 November 2017.

Meanwhile, the S&P BSE Sensex was down 20.16 points or 0.06% at 33,553.06.

On the BSE, 2.16 lakh shares were traded on the counter so far as against average daily volumes of 3.19 lakh shares in the past two weeks. The stock was volatile. The stock lost as much as 1.97% at the day's low of Rs 210.75 so far during the day. The stock rose as much as 2.9% at the day's high of Rs 221.25 so far during the day.

Power Grid Corporation of India's (PGCIL) net profit rose 14.37% to Rs 2141.04 crore on 15.62% growth in total income to Rs 7492.52 crore in Q2 September 2017 over Q2 September 2016.

Power Grid Corporation of India is a state run electric power transmission utility company.

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First Published: Nov 03 2017 | 9:44 AM IST

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