Power Grid Corporation of India Ltd Hits Intraday High with 3.0% Surge

Intraday Trading Highlights

On the trading session dated 4 Feb 2026, Power Grid Corporation of India Ltd (stock ID 417663) recorded a notable intraday high of Rs 291.1, representing a 2.77% rise from its previous close. The stock’s day change stood at a solid 3.0%, significantly outperforming the Power Generation and Distribution sector, which gained 2.07% on the same day. This performance also contrasted with the broader Sensex index, which opened lower at 83,252.06, down 0.58%, and was trading marginally down by 0.13% at 83,627.81 during the session.

Power Grid’s intraday surge was supported by its trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling sustained positive momentum. The stock’s ability to maintain levels above these technical benchmarks underscores its current strength relative to historical price trends.

Recent Performance and Momentum

The stock has been on a consistent upward trajectory, registering gains for three consecutive trading days. Over this period, Power Grid Corporation of India Ltd has delivered a cumulative return of 15.73%, reflecting strong buying interest and resilience. This contrasts favourably with the Sensex’s more modest 1.56% gain over the same week.

Looking at broader time frames, the stock’s year-to-date performance stands at 10.21%, outperforming the Sensex’s decline of 1.87%. Over the past three years, Power Grid has appreciated by an impressive 80.93%, more than doubling the Sensex’s 37.45% gain. Its five-year and ten-year returns are even more pronounced, at 152.47% and 252.95% respectively, compared to the Sensex’s 65.23% and 243.60% over the same periods.

Dividend Yield and Market Capitalisation

Power Grid Corporation of India Ltd currently offers a dividend yield of 3.14% at the prevailing price levels, providing an attractive income component for shareholders. Despite its strong price performance, the company holds a Market Cap Grade of 1, indicating a relatively modest market capitalisation compared to peers within the power sector.

Mojo Score and Rating Update

The stock’s Mojo Score stands at 35.0, with a current Mojo Grade of Sell. This represents an upgrade from its previous Strong Sell rating, which was revised on 31 Dec 2024. The change in rating reflects an improvement in certain fundamental and technical parameters, although the overall score remains cautious. Investors analysing the stock should note this nuanced rating context alongside the recent price momentum.

Sector and Market Context

The Power Generation and Distribution sector has shown positive momentum, gaining 2.07% on the day, supported by select stocks demonstrating strong intraday gains. Power Grid’s outperformance within this sector highlights its relative strength amid a mixed market backdrop. The Sensex, while trading below its 50-day moving average, remains above its 200-day moving average, signalling a complex market environment with pockets of strength and weakness.

Comparative Performance Metrics

Power Grid’s one-day gain of 2.93% notably outpaces the Sensex’s decline of 0.13%. Over one month, the stock has appreciated 7.56%, contrasting with the Sensex’s 2.49% decline. Its three-month return of 4.50% also exceeds the Sensex’s marginal 0.20% gain. However, over the one-year horizon, the stock’s 2.03% gain trails the Sensex’s 6.42% advance, indicating some recent moderation in relative performance.

Trading Action and Technical Indicators

Intraday trading volumes and price action suggest that Power Grid Corporation of India Ltd is attracting sustained buying interest, as evidenced by its ability to hold gains above multiple moving averages. The stock’s resilience over the past three days, combined with its current intraday high, points to a consolidation of positive momentum. This technical strength is further supported by the stock’s consistent outperformance relative to sector and benchmark indices.

Summary of Key Metrics

To summarise, Power Grid Corporation of India Ltd’s key intraday and recent performance metrics are as follows:

• Intraday high: Rs 291.1 (+2.77%)
• Day change: +3.0%
• Consecutive gains: 3 days with 15.73% cumulative return
• Dividend yield: 3.14%
• Mojo Score: 35.0 (Mojo Grade: Sell, upgraded from Strong Sell)
• Outperformance vs sector: +0.59% today
• Outperformance vs Sensex: +3.06% today (2.93% vs -0.13%)

These figures illustrate the stock’s strong intraday momentum and sustained positive trend over recent sessions, set against a backdrop of mixed market performance.

Market Outlook and Technical Positioning

While the broader market indices have shown some volatility, Power Grid Corporation of India Ltd’s ability to maintain gains above all major moving averages and outperform its sector peers highlights its current technical robustness. The stock’s dividend yield also adds an income dimension that may be of interest to certain market participants.

Overall, the trading action on 4 Feb 2026 confirms Power Grid’s position as one of the stronger performers within the power sector, with clear evidence of buying support and positive price momentum.

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