INDIGRID Stock Overview
India Grid Trust operates as an infrastructure investment trust that owns and operates power transmission and solar energy assets.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 0/6 |
| Dividends | 2/6 |
India Grid Trust Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹136.51 |
| 52 Week High | ₹142.30 |
| 52 Week Low | ₹126.00 |
| Beta | 0.10 |
| 1 Month Change | 3.93% |
| 3 Month Change | 0.50% |
| 1 Year Change | -2.48% |
| 3 Year Change | 6.70% |
| 5 Year Change | 66.46% |
| Change since IPO | 43.85% |
Recent News & Updates
Recent updates
India Grid Trust (NSE:INDIGRID) Is Increasing Its Dividend To ₹3.30
Jan 28
India Grid Trust's (NSE:INDIGRID) Upcoming Dividend Will Be Larger Than Last Year's
Jul 29India Grid Trust (NSE:INDIGRID) Will Pay A Larger Dividend Than Last Year At ₹3.19
Oct 29Weak Statutory Earnings May Not Tell The Whole Story For India Grid Trust (NSE:INDIGRID)
Jun 03Is India Grid Trust (NSE:INDIGRID) A Good Fit For Your Dividend Portfolio?
May 05How Much Are India Grid Trust (NSE:INDIGRID) Insiders Spending On Buying Shares?
Mar 14Could The India Grid Trust (NSE:INDIGRID) Ownership Structure Tell Us Something Useful?
Feb 24Key Things To Consider Before Buying India Grid Trust (NSE:INDIGRID) For Its Dividend
Feb 04Does India Grid Trust (NSE:INDIGRID) Have A Healthy Balance Sheet?
Jan 17
How Good Is India Grid Trust (NSE:INDIGRID), When It Comes To ROE?
Dec 27What Is The Ownership Structure Like For India Grid Trust (NSE:INDIGRID)?
Nov 26Update: India Grid Trust (NSE:INDIGRID) Stock Gained 15% In The Last Year
Oct 23How Good Is India Grid Trust (NSE:INDIGRID), When It Comes To ROE?
Sep 01Shareholder Returns
| INDIGRID | IN Electric Utilities | IN Market | |
|---|---|---|---|
| 7D | 1.4% | -0.9% | -1.6% |
| 1Y | -2.5% | 68.2% | 45.0% |
Return vs Industry: INDIGRID underperformed the Indian Electric Utilities industry which returned 68.2% over the past year.
Return vs Market: INDIGRID underperformed the Indian Market which returned 45% over the past year.
Price Volatility
| INDIGRID volatility | |
|---|---|
| INDIGRID Average Weekly Movement | 1.3% |
| Electric Utilities Industry Average Movement | 6.9% |
| Market Average Movement | 6.9% |
| 10% most volatile stocks in IN Market | 10.1% |
| 10% least volatile stocks in IN Market | 4.2% |
Stable Share Price: INDIGRID has not had significant price volatility in the past 3 months.
Volatility Over Time: INDIGRID's weekly volatility (1%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2016 | n/a | Harsh Shah | www.indigrid.co.in |
India Grid Trust operates as an infrastructure investment trust that owns and operates power transmission and solar energy assets. Its asset portfolio consists of 46 transmission lines with a total circuit length of approximately 8,468 circuit kilometers, 13 substations with approximately 17,550 mega volt ampere transformation capacity, and 100 megawatt of solar power capacity in 19 states and 1 union territory in India. The company was founded in 2016 and is based in Mumbai, India.
India Grid Trust Fundamentals Summary
| INDIGRID fundamental statistics | |
|---|---|
| Market cap | ₹102.68b |
| Earnings (TTM) | ₹3.65b |
| Revenue (TTM) | ₹27.70b |
28.2x
P/E Ratio3.7x
P/S RatioIs INDIGRID overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| INDIGRID income statement (TTM) | |
|---|---|
| Revenue | ₹27.70b |
| Cost of Revenue | ₹524.93m |
| Gross Profit | ₹27.17b |
| Other Expenses | ₹23.53b |
| Earnings | ₹3.65b |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 4.84 |
| Gross Margin | 98.10% |
| Net Profit Margin | 13.17% |
| Debt/Equity Ratio | 366.9% |
How did INDIGRID perform over the long term?
See historical performance and comparison