HomeNewsBusinessMarketsRobust project pipeline, earnings visibility support Power Grid’s valuation & stock
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Robust project pipeline, earnings visibility support Power Grid’s valuation & stock

The stock of Power Grid is trading at 8 times earnings and 1.5 times estimated book value of FY23, which we believe is reasonable in the light of improving earnings outlook, opening up of new opportunities in the sector, easing of payment issues with State Electricity Boards and a 6% dividend yield.

Moneycontrol Video
June 29, 2021 / 17:42 IST
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Moneycontrol Video
TAGS: #Ideas For Profit #Market #Power Grid
first published: Jun 29, 2021 05:42 pm

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