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• Power Grid Corporation (PGCL) has reported a 3.6 percent increase in consolidated profit for the quarter ended September FY24.
• The company's stock has given a return of 13.05 percent over the last six months, outperforming the benchmark Nifty50 index.
• Brokerage firm Sharekhan has assigned a 'buy' rating to the stock with a target price of Rs 290, citing a bright growth outlook and attractive valuation.