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Power Grid Corp. of India Ltd. shares slipped 2.00% to 262.45 Indian rupees Wednesday, on what proved to be an all-around rough trading session for the stock market, with the BSE SENSEX Index falling 0.42% to 76,909.68.
Power Grid Corp. of India Ltd. closed 19.20% below its 52-week high of 324.80 rupees, which the company reached on April 27th.
The stock underperformed when compared to some of its competitors Wednesday, as Tata Power Co. Ltd. fell 0.55% and Gujarat Industries Power Co. Ltd. rose 0.15%. Jindal Steel Ltd. rose 1.23%.
Trading volume totaled 471,845, compared to the 50-day average of 595,152.
Data source: Dow Jones Market Data, FactSet