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Last Updated : Nov 04, 2019 07:01 PM IST | Source: Moneycontrol.com

3-Point Analysis | IndiGrid InvIT trading at an attractive yield

Moneycontrol's Sakshi Batra, does a 3-Point Analysis of the earnings performance and outlook of IndiGrid InvIT.

IndiGrid InvIT, which holds a portfolio of power transmission assets, has put up a better quarterly show than its listed peers. The reason: Buoyed by investor interest in fairly high and predictable yield.

While ratings agencies CRISIL and ICRA have rated its instrument AAA at par with G-Secs, the Infrastructure Investment Trust (InvIT) is offering a dividend yield of close to 12.6 per cent, nearly 710 basis points (bps) higher than the 10- year government bond yield of 6.2 per cent.

Moneycontrol's Sakshi Batra, does a 3-Point Analysis of the earnings performance and outlook going forward.

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First Published on Nov 4, 2019 07:01 pm
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