Power Grid Corp. of India Rises Friday, Outperforms Market

Dow Jones08-07 18:33

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

Power Grid Corp. of India Ltd. shares inched up 0.37% to 271.75 Indian rupees Friday, on what proved to be an all-around rough trading session for the stock market, with the BSE SENSEX Index falling 0.58% to 78,499.17.

Power Grid Corp. of India Ltd. closed 16.33% below its 52-week high of 324.80 rupees, which the company reached on April 27th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Tata Power Co. Ltd. rose 0.52% and Gujarat Industries Power Co. Ltd. fell 0.69%. Jindal Steel Ltd. rose 0.18%.

Trading volume totaled 297,014, compared to the 50-day average of 614,166.

Data source: Dow Jones Market Data, FactSet

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