Power Grid Shares Rise After Securing Major Inter-State Transmission Project

Power Grid shares gain 1.5% after firm wins Rs 3,244 crore inter-state transmission system project. Should you buy?

Shares of Power Grid experienced an uptick after the company secured an important transmission project aimed at facilitating power evacuation from Rajasthan. This endeavor will incorporate the establishment of HVDC terminals and a long-distance transmission line. Power Grid's successful bid for this vital project reflects its strategic growth, amidst varying stock performance observed in recent months.