India Grid Trust

INDIGRID

INE219X23014

Electric Utilities

Market Closed - Bombay S.E. Other stock markets 06:20:40 2024-05-06 am EDT			5-day change	1st Jan Change
137.1 ^INR	-0.66%		+0.57%	+5.75%

Feb. 23	India Grid Trust completed the acquisition of Renew Solar Urja Private Limited from ReNew Energy Global Plc for enterprise value of approximately $190 million (INR 15.5 billion).	CI
Jan. 29	India Grid Trust to Seek Acquisitions	CI

India Grid Trust Seeks To Acquire Transmission Assets

May 01, 2019 at 12:00 am EDT

India Grid Trust (BSE:540565) will seek acquisitions. The company will raise INR 25.60 billion of primary capital through a preferential issue and proceeds will be used to acquire transmission assets.

Latest news about India Grid Trust

India Grid Trust completed the acquisition of Renew Solar Urja Private Limited from ReNew Energy Global Plc for enterprise value of approximately $190 million (INR 15.5 billion).	Feb. 22	CI
India Grid Trust to Seek Acquisitions	Jan. 29	CI
Transcript : India Grid Trust, Q3 2024 Earnings Call, Jan 29, 2024	Jan. 29
India Grid Trust Approves Distribution of Third Quarter of 2024, Payable on or Before February 09, 2024	Jan. 25	CI
India Grid Trust Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	Jan. 24	CI
Sector Update: Energy Stocks Decline Late Monday Afternoon	Jan. 08	MT
Sector Update: Energy Stocks Slipping Monday Afternoon	Jan. 08	MT
Sector Update: Energy	Jan. 08	MT
ReNew Energy Global to Sell 300 MW Solar Project in India	Jan. 08	MT
India Grid Trust agreed to acquire Renew Solar Urja Private Limited from ReNew Energy Global Plc for enterprise value of $200 million.	Jan. 07	CI
India Grid Trust Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023	Nov. 10	CI
Transcript : India Grid Trust, Q2 2024 Earnings Call, Nov 06, 2023	Nov. 06
India Grid Trust Declares Distribution for the Second Quarter of Fiscal Year 2024, Payable on or Before November 18, 2023	Nov. 03	CI
India Grid Trust announced that it has received INR 4 billion in funding	23-09-29	CI
India Grid Trust completed the acquisition of Virescent Infrastructure Investment Manager Private Limited from Terra Asia Holdings II Pte. Ltd.	23-09-07	CI
Transcript : India Grid Trust, Q1 2024 Earnings Call, Jul 31, 2023	23-07-31
India Grid Trust Reports Earnings Results for the First Quarter Ended June 30, 2023	23-07-28	CI
India Grid Trust Declares Dividend for the First Quarter of Fiscal Year 2024, Payable on Before August 12, 2023	23-07-28	CI
Transcript : India Grid Trust, Q4 2023 Earnings Call, May 15, 2023	23-05-15
India Grid Trust Provides Distribution Guidance for the Fiscal Year 2024	23-05-12	CI
India Grid Trust Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2023	23-05-12	CI
India Grid Trust Approves Distribution for Fourth Quarter of Fiscal Year 2023, Payable on or Before May 27, 2023	23-05-12	CI
India Grid Trust agreed to acquire Virescent Infrastructure Investment Manager Private Limited from Terra Asia Holdings II Pte. Ltd for enterprise value of approximately INR 190 million.	23-05-11	CI
India Grid Trust completed the acquisition of Khargone Transmission Limited from Sterlite Power Transmission Limited for an enterprise value of INR 15 billion.	23-05-11	CI
India Ratings Affirms India Grid Trust Rating at AAA; Outlook Stable	23-04-26	MT

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Company Profile

India Grid Trust is an India-based infrastructure investment trust (InvIT) in the power transmission sector. The Company owns, operates, and manages power transmission networks and renewable energy assets that deliver reliable power throughout India. It operates through two segments: Power Transmission and Power generation. It owns 36 power projects, consisting of 46 transmission lines with more than 8,468 circuit Kilometers (km) length, 13 substations with around 17,550 mega volt amp (MVA) transformation capacity and about 855 MWAC of solar generation capacity. Its portfolio consists of 19 solar projects across eight states of the country. It also includes 15 operational transmission projects. Its portfolio includes Jabalpur Transmission Company Limited (JTCL), TN Solar Power Energy Private Limited, Universal Mine Developers & Service Providers Private Limited, Maheshwaram Transmission Limited (MTL), and more. Its investment manager is IndiGrid Investment Managers Limited (IIML).

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Electric Utilities

Calendar

2024-07-25 - Q1 2025 Earnings Release (Projected)

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HOLD

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137.1 INR

Average target price

140 INR

Spread / Average Target

+2.12%

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India Grid Trust

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INDIGRID

INE219X23014

Electric Utilities

India Grid Trust Seeks To Acquire Transmission Assets

Latest news about India Grid Trust

Chart India Grid Trust

Company Profile

Income Statement Evolution

Ratings for India Grid Trust

Analysts' Consensus

EPS Revisions

Annual profits - Rate of surprise

Sector Other Electric Utilities