POWERGRIDNSEPower Grid Corporation of India Limited· PowerHighPositive
Announced Tue, 1 Apr, 2025 · 22:22 IST

Power Grid Corporation of India Limited has informed the Exchange about POWERGRID declared as successful bidder under TBCB.

POWERGRID · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
-0.7%Reaction day
₹289.10
prior close
₹286.85
announcement price
After-mkt
timing
Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.8%-1.5% vs market
Power peers, median of 36sector · industry level+0.8%-1.5% vs sector

On the reaction day the stock moved 1.5 pts less than Nifty 100 and 1.5 pts less than its Power peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
-0.4
10m
-0.7
15m
+0.1
30m
-0.3
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-0.7+0.8-1.5+0.8-1.5
Next day
+3.8+0.5+3.2+3.2+0.5
2d
+1.8-1.2+3.0-0.5+2.3
3d
+0.5-4.4+4.9-3.9+4.4
4d
+0.0-2.7+2.7-1.9+1.9
5d
+1.7-3.2+4.9-1.4+3.1
1w
+5.5+0.9+4.6+2.5+3.0
15d
+6.7+4.9+1.8+4.2+2.5
1m
+5.1+4.8+0.3-0.0+5.1
2m
+1.3+6.8-5.6+8.5-7.2
3m
+2.0+9.9-7.9+11.1-9.1
UpDownMarket · Nifty 100Sector · Power peers, median of 36Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Power Grid Corporation of India (POWERGRID) has been declared a successful bidder under the Tariff-Based Competitive Bidding (TBCB) process. TBCB is the standard mechanism used in India to award power transmission projects through competitive auctions. No financial details such as the project value, scope, or timeline have been disclosed in this filing. POWERGRID, being the country's largest power transmission utility, regularly participates in such bids for new transmission infrastructure. The actual project award and value details are expected in a subsequent announcement.

Likely market impact

Positive sentiment for the stock as winning a TBCB bid reinforces POWERGRID's order book and growth visibility in the transmission segment, though the magnitude of impact depends on the size of the project, which has not been disclosed.