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Power Grid Share Price Hits Nine-Month Low As Profit Declines In Q3

The share price of Power Grid Corp. fell over 4% on Tuesday to hit over a nine-month low after the company reported a fall in its profit for the third quarter of the current fiscal.

The state-run power transmission major posted a profit of Rs 3,861.6 crore in comparison to Rs 4,028.5 crore in the…

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