Shares of Power Grid Corp. of India Ltd. (BSE: 532898) experienced a slight decrease of 0.10% to 208.00 Indian rupees on Tuesday. This decline was in line with a challenging trading session for the stock market, where the S&P BSE Sensex Index (Index: 1) fell 0.03% to 64,942.40.
Close to 52-Week High
Power Grid Corp. of India Ltd. closed just 1 rupee below its 52-week high of 209.00 rupees, which it had reached on November 6. This indicates that the company’s shares have been performing well recently.
Mixed Results Compared to Competitors
When compared to some of its competitors, Power Grid Corp. of India Ltd.’s performance on Tuesday was mixed. Tata Power Co. Ltd. (BSE: TATAPOWER) saw a slight increase of 0.10% to 249.80 rupees, while Gujarat Industries Power Co. Ltd. (BSE: 517300) suffered a decline of 6.52% to 142.00 rupees.
Lower Trading Volume
The trading volume for Power Grid Corp. of India Ltd. on Tuesday was 796,189 shares, which is lower than the 50-day average volume of 971,777 shares by 175,588 shares.