Power Grid wins bid for UP transmission line project; Stock up ~1% - Highlight Investment Research

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Thursday, 6 December 2018

Power Grid wins bid for UP transmission line project; Stock up ~1%

Shares of Power Grid Corporation of Indiagained in the morning session today after it bagged a project to set up a transmission system for evacuating electricity from the 1,320MW Jawaharpur thermal power project and construct a substation in Uttar Pradesh.

Power Grid has been declared as the successful bidder under Tariff based competitive bidding to establish the transmission system for evacuation of power from 2 x 660MW Jawaharpur Thermal Power Project and construction of 400kV substation at Firozabad along with associated Transmission Lines' on build-own-operate-maintain (BOOM) basis,” the company said in a filing to the exchanges after-market hours on Wednesday.

FUTURE CALL: SELL NCC BELOW 78 TARGETS 77.60 / 77.10 / 76.20 STOPLOSS 78.50 

FUTURE CALL UPDATE: NCC SELL CALL FINAL TARGETS HAS ACHIEVED BOOK FULL PROFIT CMP 76.10 PROFIT 14400 PER LOT.


CASH UPDATE: BALKRISHNIND SELL CALL 3RD TARGETS 887 HAS NEAR TO ACHIEVED BOOK PROFIT MADE LOW 891.90 


CASH CALL: SELL BALKRISIND BELOW 920 TARGETS 912 / 901/ 887 STOPLOSS 930





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