PGCIL owns and operates 90% of India's interstate and inter-regional electric power transmission network.
The company’s net sales showed growth of 24% yoy in Q3FY22 at Rs2,841cr.
It is perhaps paradoxical, that at the time India is celebrating 72 years of becoming a Republic, its financial markets are in a state of tumult. One can argue that markets are supposed to be volatile and tumultuous by default, but that is not the answer. Millions of equity and mutual fund investors who are exposed to the stock markets find themselves unwittingly dragged into this turmoil. The need of the hour is a constitution.
The company’s outlook is having a premium brand with various path-breaking models for household, commercial and industrial needs, and being a market leader, we are quite optimistic for growth and performance in a medium to long term period that remains intact.
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