Power Grid Corporation reports earnings with hidden positives
after close1 source ↓written by the desknot a recommendation
Power Grid Corporation of India reported solid earnings, yet the stock price remained largely unchanged. The company's profit was impacted by unusual items costing ₹28b over the past year. Analysts suggest that these expenses are often one-off, indicating potential for improved profitability in the coming year if they do not recur.
Not investment advice. For informational purposes only.