Power Grid Corporation Faces Stock Decline Amid Broader Sector Volatility
Power Grid Corporation of India is experiencing significant stock activity, trading near its 52-week low after three consecutive days of decline. The company has underperformed its sector and is below key moving averages. Despite these challenges, it offers a high dividend yield and has a large market capitalization.
Power Grid Corporation of India, a prominent player in the power generation and distribution sector, has experienced notable stock activity today. The stock is currently trading close to its 52-week low, just 2.57% above Rs 252.1. Over the past three days, it has faced consecutive declines, resulting in a total drop of 2.65%. In terms of performance metrics, Power Grid Corporation has underperformed its sector by 0.67% today. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.
Despite these challenges, the company maintains a high dividend yield of 4.01%, which may appeal to income-focused investors. The market capitalization stands at Rs 2,39,909.08 crore, categorizing it as a large-cap stock.
Over the past year, Power Grid Corporation has seen a decline of 8.59%, contrasting sharply with the Sensex's positive performance of 2.21%. The broader power generation and distribution sector has reported mixed results, with 10 stocks showing positive outcomes, while 9 have reported negative results.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
