Ratings India Grid Trust

Equities

INDIGRID

INE219X23014

Market Closed - Bombay S.E. Other stock markets 06:21:19 2024-05-03 EDT			5-day change	1st Jan Change
138 ^INR	+0.45%		+1.24%	+6.46%

02-23	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
01-29	India Grid Trust to Seek Acquisitions	CI

Summary

On the basis of various fundamental qualitative criteria, the company appears to be particularly poorly ranked from a medium and long-term investment perspective.

Strengths

Before interest, taxes, depreciation and amortization, the company's margins are particularly high.
The group's high margin levels account for strong profits.
The company has a low valuation given the cash flows generated by its activity.
This company will be of major interest to investors in search of a high dividend stock.
Over the past year, analysts have regularly revised upwards their sales forecast for the company.
Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.

Weaknesses

The company's earnings growth outlook lacks momentum and is a weakness.
The firm trades with high earnings multiples: 21.9 times its 2024 earnings per share.
The group usually releases earnings worse than estimated.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Electric Utilities

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
INDIA GRID TRUST	+6.46%	1.24B		C
NEXTERA ENERGY	+15.48%	141B		C+
SOUTHERN COMPANY	+8.17%	82.38B		B-
IBERDROLA, S.A.	-2.49%	77.91B		B
DUKE ENERGY CORPORATION	+3.32%	76.61B		B+
ENEL S.P.A.	-7.13%	67.83B		B-
CONSTELLATION ENERGY CORPORATION	+66.70%	58.67B		C
AMERICAN ELECTRIC POWER COMPANY, INC.	+9.09%	46.52B		A-
DOMINION ENERGY, INC.	+9.36%	42.85B		A-
GE VERNOVA INC.	0.00%	42.16B	-	-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes