Stay invested in Power Grid: Sharmila Joshi

Sharmila Joshi of sharmilajoshi.com told CNBC-TV18, "One should remain invested in Power Grid Corporation of India. Not really, because of any real big positive but going forward you would expect that power as a sector gets its due attention and a lot of the issues whether they are the generators or whether they are people like Power Grid who are really in the distribution whether they get their due valuation which has been missing for the last so many years. So just from that perspective because now we are hopefully very close to seeing a solution sort of start coming in the next couple of quarters."

At 14:48 hrs Power Grid Corporation of India was quoting at Rs 149.40, up Re 1, or 0.67 percent on the BSE.

The share touched its 52-week high Rs 151.15 and 52-week low Rs 93.25 on 22 January, 2015 and 28 February, 2014, respectively.