Power Grid Corp. Of India Falls Monday, Underperforms Market

Dow Jones12-23 18:32

This article was automatically generated by MarketWatch using technology from Automated Insights.

Power Grid Corp. of India Ltd. shares inched down 0.16% to 315.25 Indian rupees Monday, on what proved to be an all-around great trading session for the stock market, with the BSE SENSEX Index rising 0.64% to 78,540.17.

Power Grid Corp. of India Ltd. closed 50.95 rupees below its 52-week high (366.20 rupees), which the company achieved on September 25.

Despite its losses, the stock outperformed some of its competitors Monday, as Tata Power Co. Ltd. fell 0.30% to 399.90 rupees and Gujarat Industries Power Co. Ltd. fell 2.55% to 235.10 rupees.

Trading volume (128,044) remained 521,952 below its 50-day average volume of 649,996.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

December 23, 2024 05:32 ET (10:32 GMT)

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