Power Grid Corporation Faces Continued Decline Amid Broader Market Pressures

Power Grid Corporation of India has experienced a notable decline of 3.12% on May 22, 2025, continuing a downward trend that has seen the stock fall for three consecutive days, resulting in a total drop of 5.52% during this period. The stock's performance today underperformed the sector by 2.31%, with an intraday low of Rs 286.7, reflecting a decrease of 3.19%.
In terms of moving averages, Power Grid Corporation is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite the current challenges, the company maintains a high dividend yield of 3.51% at the present price.

The broader market context shows that the Sensex has also faced significant pressure, falling sharply by 698.92 points to 80,624.13, a decline of 1.19%. Over the past month, Power Grid Corporation's performance has been particularly weak, with an 8.19% drop compared to a 1.29% increase in the Sensex. However, the company has shown resilience over longer periods, with a 67.07% increase over the past three years and a remarkable 262.25% rise over the last decade.