Question 1

What is the main activity of Power Grid Corporation?

Accepted Answer

The company manages electricity transmission across India.

Question 2

Is Power Grid Corporation a government owned company?

Accepted Answer

Yes, the government owns a 51.3% stake in the company.

Question 3

Does Power Grid pay a dividend?

Accepted Answer

Yes, the company offers a high dividend yield of 3.72%.

Question 4

Is Power Grid a safe investment?

Accepted Answer

The company is stable, with consistent profits and government backing, but has high debt.

Question 5

What is Power Grid's debt to equity ratio?

Accepted Answer

The debt-to-equity ratio is 1.33, which indicates a moderate level of debt.

Question 6

What is Power Grid’s return on equity (ROE)?

Accepted Answer

The ROE is 19%, which indicates high profitability.

Question 7

Is Power Grid suitable for long-term investors?

Accepted Answer

Yes, the stock is ideal for steady, long-term returns.

Question 8

Does Power Grid invest in renewable energy?

Accepted Answer

Yes, it supports the integration of renewable energy into the grid.

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