Power Grid Corpn

{
  "main_header": {
    "sid": 417663,
    "name": "Power Grid Corpn",
    "stock_name": "Power Grid Corpn",
    "full_name": "Power Grid Corporation of India Ltd",
    "name_url": "stocks-analysis/power-grid-corpn",
    "exchange": 1,
    "exchangecode": "",
    "primexch": 1,
    "country_id": 34,
    "currency": "INR",
    "cmp": "299.90",
    "chg": 1.3,
    "chgp": "0.44%",
    "dir": 1,
    "prev_price": "298.60",
    "mcapval": "274,740.00 Cr",
    "mcap": "Large Cap",
    "scripcode": 532898,
    "symbol": "POWERGRID",
    "ind_name": "Power",
    "ind_code": 28,
    "indexname": "India SENSEX",
    "isin": "INE752E01010",
    "curr_date": "May 20",
    "curr_time": "",
    "bse_nse_vol": "58.11 lacs",
    "exc_status": "Active",
    "traded_date": "May 20, 2026",
    "traded_date_str": "2026 05 20",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
    "is_blur_class": "blur-registerF-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/power-grid-corpn-417663-1&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0
    }
  },
  "news": {
    "results": [
      {
        "title": "P/E at 17.44 vs Industry's 24.50: What the Data Shows for Power Grid Corporation of India Ltd",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/power-grid-corporation-of-india-ltd-navigating-nifty-50-membership-amid-mixed-market-signals-4000439",
        "imagepath": "",
        "date": "2026-05-20 09:20:28",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <p><strong>Valuation Picture: Discount Amidst Sector Premiums</strong></p>\n                <p>The <a href=\"https://www.marketsmojo.com/stocks-analysis/power-grid-corpn-417663-0\" class=\"stk\">Power Grid Corporation of India Ltd</a> trades at a P/E multiple of 17.44, which is markedly lower than the power industry's average of 24.50. This discount suggests that the market is pricing in either subdued growth expectations or perceived risks relative to peers. Such a valuation gap of nearly 7 points or 29% below the sector average is significant for a company with a market capitalisation of ₹2,74,925.85 crores, categorising it firmly as a large-cap stock. The lower P/E could imply that investors are cautious about near-term earnings growth or regulatory challenges, despite the company's domina..."
      },
      {
        "title": "Power Grid Corporation Downgraded to Sell Amid Financial and Technical Weaknesses",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/power-grid-corporation-downgraded-to-sell-amid-financial-and-technical-weaknesses-3998295",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/PowerGridCorpor_mojoScore_3998295.png",
        "date": "2026-05-19 08:27:22",
        "description": "Power Grid Corporation of India Ltd has been downgraded from a Hold to a Sell rating following a comprehensive reassessment of its financial performance, valuation metrics, technical indicators, and overall quality. The downgrade reflects deteriorating financial trends, weakening technical signals, and valuation concerns despite the company’s strong historical returns relative to the Sensex."
      },
      {
        "title": "Power Grid Corporation of India Ltd Faces Technical Momentum Shift Amid Mixed Indicators",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/power-grid-corporation-of-india-ltd-faces-technical-momentum-shift-amid-mixed-indicators-3997858",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/PowerGridCorpor_technicaldot_3997858.png",
        "date": "2026-05-19 08:02:13",
        "description": "Power Grid Corporation of India Ltd (Power Grid) has experienced a notable shift in its technical momentum, reflecting a complex interplay of bullish and bearish signals across multiple timeframes. Despite a recent downgrade in its Mojo Grade to Sell from Hold, the stock’s long-term returns continue to outperform the Sensex, underscoring a nuanced outlook for investors navigating the power sector."
      },
      {
        "title": "Power Grid Corporation of India Ltd Hits Intraday Low Amid Price Pressure",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/power-grid-corporation-of-india-ltd-hits-intraday-low-amid-price-pressure-3996343",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/PowerGridCorpor_priceRelatedfactors_3996343.png",
        "date": "2026-05-18 09:31:07",
        "description": "Power Grid Corporation of India Ltd experienced a notable decline today, hitting an intraday low of Rs 293.15, reflecting a price drop of 4.15%. The stock underperformed its sector and broader market indices amid heightened volatility and bearish market sentiment."
      },
      {
        "title": "Power Grid Corporation of India Ltd Sees Bullish Momentum Shift Amid Technical Upgrades",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/power-grid-corporation-of-india-ltd-sees-bullish-momentum-shift-amid-technical-upgrades-3995899",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/PowerGridCorpor_technicaldot_3995899.png",
        "date": "2026-05-18 08:00:57",
        "description": "Power Grid Corporation of India Ltd (Power Grid) has witnessed a notable shift in its technical momentum, moving from a mildly bullish stance to a more confident bullish trend. This change is underpinned by a series of positive signals across key technical indicators including MACD, moving averages, and Bollinger Bands, suggesting renewed investor interest and potential upside in the near term."
      },
      {
        "title": "Power Grid Corporation of India Ltd is Rated Hold",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/power-grid-corporation-of-india-ltd-is-rated-hold-3995473",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/PowerGridCorpor_mojoScore_3995473.png",
        "date": "2026-05-17 10:10:03",
        "description": "Power Grid Corporation of India Ltd is rated 'Hold' by MarketsMOJO, with this rating last updated on 20 Mar 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 17 May 2026, providing investors with an up-to-date view of its fundamentals, valuation, financial trends, and technical outlook."
      },
      {
        "title": "Are Power Grid Corporation of India Ltd latest results good or bad?",
        "link": "https://www.marketsmojo.com/news/result-analysis/are-power-grid-corporation-of-india-ltd-latest-results-good-or-bad-3994980",
        "imagepath": "",
        "date": "2026-05-16 19:21:28",
        "description": "Power Grid Corporation of India Ltd's latest financial results for Q4 FY26 present a mixed picture. The company reported a consolidated net profit of ₹4,546.33 crores, reflecting a notable year-on-year growth of 9.74%. However, this profit growth is accompanied by a decline in net sales, which fell by 4.97% compared to the same quarter last year, indicating challenges in revenue generation.\n\nThe operating margin, excluding other income, compressed significantly to 77.71%, marking the lowest level in seven quarters and down from 83.29% in the previous year. This compression in margins raises concerns about the company's operational efficiency amidst a regulated business environment. Additionally, the operating profit before depreciation, interest, and tax stood at ₹9,065.61 crores, which also reflects a decline compared to prior periods.\n\nThe company experienced an extraordinary tax reversal of ₹4,391.11 cro..."
      },
      {
        "title": "Power Grid Corporation Declines 2.56% Amid Mixed Technical Signals and Market Pressure",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/power-grid-corporation-declines-256-amid-mixed-technical-signals-and-market-pressure-3994864",
        "imagepath": "",
        "date": "2026-05-16 17:16:13",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <div class=\"highlight-box\">\n                    <h3>Key Events This Week</h3>\n                    <p><strong>May 11:</strong> Stock opens at Rs.310.95, declines 0.94% amid broad market sell-off</p>\n                    <p><strong>May 13:</strong> Intraday low of Rs.296.55 reached; technical momentum shifts bullish despite price pressure</p>\n                    <p><strong>May 14:</strong> Technical momentum moderates to mildly bullish as price consolidates at Rs.301.65</p>\n                    <p><strong>May 15:</strong> Week closes at Rs.305.85, up 1.34% on the day but down 2.56% for the week</p>\n                </div>\n\n                <div class=\"stats-row\">\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Open</div><div class=\"stat-value\">Rs.313.90</div></div>\n    ..."
      },
      {
        "title": "Power Grid Corporation Q4 FY26: Tax Reversal Masks Underlying Margin Pressure",
        "link": "https://www.marketsmojo.com/news/result-analysis/power-grid-corporation-q4-fy26-tax-reversal-masks-underlying-margin-pressure-3994705",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/PowerGridCorpor_quaterlyResult_3994705.png",
        "date": "2026-05-16 14:46:21",
        "description": "Power Grid Corporation of India Ltd., the country's leading transmission utility with a market capitalisation of ₹2.84 lakh crores, reported a standalone net profit of ₹8,292.44 crores for Q4 FY26, representing an extraordinary 101.19% surge quarter-on-quarter. However, this headline figure conceals a more nuanced operational reality driven by a substantial tax reversal rather than operational excellence. On a consolidated basis, the company posted a net profit of ₹4,546.33 crores, up 8.63% sequentially and 9.74% year-on-year, whilst revenues declined 5.89% quarter-on-quarter to ₹11,665.61 crores."
      }
    ],
    "total": 691,
    "sid": "417663",
    "stock_news_url": "https://www.marketsmojo.com/news/power-grid-corporation-of-india-417663"
  },
  "announcements": [
    {
      "details": "Power Grid Corporation of India Limited has informed the Exchange regarding Investor Presentation",
      "source": "NSE",
      "caption": "Power Grid Corporation of India Limited - Investor Presentation",
      "datetime": "13-Nov-2019"
    },
    {
      "details": "Power Grid Corporation of India Limited has informed the Exchange regarding 'Certificate received from Debenture Trustee under Regulation 52(5) of SEBI(Listing Obligation & Disclosure Requirements) Regulations, 2015 '.",
      "source": "NSE",
      "caption": "Power Grid Corporation of India Limited - Updates",
      "datetime": "08-Nov-2019"
    },
    {
      "details": "Power Grid Corporation of India Limited has informed the Exchange regarding 'Notice of Board Meeting'.",
      "source": "NSE",
      "caption": "Power Grid Corporation of India Limited - Updates",
      "datetime": "29-Oct-2019"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Power Grid Corporation of India Ltd has declared <strong>32%</strong> dividend, ex-date: 09 Feb 26",
          "dt": "2026-02-09",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "",
      "data": [
        {
          "txt": "Power Grid Corporation of India Ltd has announced <strong>1:3</strong> bonus issue, ex-date: 12 Sep 23",
          "dt": "2023-09-12",
          "middle_text": "Bonus Alert"
        }
      ]
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

P/E at 17.44 vs Industry's 24.50: What the Data Shows for Power Grid Corporation of India Ltd

2026-05-20 09:20:28

Valuation Picture: Discount Amidst Sector Premiums

The Power Grid Corporation of India Ltd trades at a P/E multiple of 17.44, which is markedly lower than the power industry's average of 24.50. This discount suggests that the market is pricing in either subdued growth expectations or perceived risks relative to peers. Such a valuation gap of nearly 7 points or 29% below the sector average is significant for a company with a market capitalisation of ₹2,74,925.85 crores, categorising it firmly as a large-cap stock. The lower P/E could imply that investors are cautious about near-term earnings growth or regulatory challenges, despite the company's domina...

Read full news article

Power Grid Corporation Downgraded to Sell Amid Financial and Technical Weaknesses

2026-05-19 08:27:22

Power Grid Corporation of India Ltd has been downgraded from a Hold to a Sell rating following a comprehensive reassessment of its financial performance, valuation metrics, technical indicators, and overall quality. The downgrade reflects deteriorating financial trends, weakening technical signals, and valuation concerns despite the company’s strong historical returns relative to the Sensex.

Read full news article

Power Grid Corporation of India Ltd Faces Technical Momentum Shift Amid Mixed Indicators

2026-05-19 08:02:13

Power Grid Corporation of India Ltd (Power Grid) has experienced a notable shift in its technical momentum, reflecting a complex interplay of bullish and bearish signals across multiple timeframes. Despite a recent downgrade in its Mojo Grade to Sell from Hold, the stock’s long-term returns continue to outperform the Sensex, underscoring a nuanced outlook for investors navigating the power sector.

Read full news article

Power Grid Corporation of India Ltd Hits Intraday Low Amid Price Pressure

2026-05-18 09:31:07

Power Grid Corporation of India Ltd experienced a notable decline today, hitting an intraday low of Rs 293.15, reflecting a price drop of 4.15%. The stock underperformed its sector and broader market indices amid heightened volatility and bearish market sentiment.

Read full news article

Power Grid Corporation of India Ltd Sees Bullish Momentum Shift Amid Technical Upgrades

2026-05-18 08:00:57

Power Grid Corporation of India Ltd (Power Grid) has witnessed a notable shift in its technical momentum, moving from a mildly bullish stance to a more confident bullish trend. This change is underpinned by a series of positive signals across key technical indicators including MACD, moving averages, and Bollinger Bands, suggesting renewed investor interest and potential upside in the near term.

Read full news article

Power Grid Corporation of India Ltd is Rated Hold

2026-05-17 10:10:03

Power Grid Corporation of India Ltd is rated 'Hold' by MarketsMOJO, with this rating last updated on 20 Mar 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 17 May 2026, providing investors with an up-to-date view of its fundamentals, valuation, financial trends, and technical outlook.

Read full news article

Are Power Grid Corporation of India Ltd latest results good or bad?

2026-05-16 19:21:28

Power Grid Corporation of India Ltd's latest financial results for Q4 FY26 present a mixed picture. The company reported a consolidated net profit of ₹4,546.33 crores, reflecting a notable year-on-year growth of 9.74%. However, this profit growth is accompanied by a decline in net sales, which fell by 4.97% compared to the same quarter last year, indicating challenges in revenue generation. The operating margin, excluding other income, compressed significantly to 77.71%, marking the lowest level in seven quarters and down from 83.29% in the previous year. This compression in margins raises concerns about the company's operational efficiency amidst a regulated business environment. Additionally, the operating profit before depreciation, interest, and tax stood at ₹9,065.61 crores, which also reflects a decline compared to prior periods. The company experienced an extraordinary tax reversal of ₹4,391.11 cro...

Read full news article

Power Grid Corporation Declines 2.56% Amid Mixed Technical Signals and Market Pressure

2026-05-16 17:16:13

Key Events This Week

May 11: Stock opens at Rs.310.95, declines 0.94% amid broad market sell-off

May 13: Intraday low of Rs.296.55 reached; technical momentum shifts bullish despite price pressure

May 14: Technical momentum moderates to mildly bullish as price consolidates at Rs.301.65

May 15: Week closes at Rs.305.85, up 1.34% on the day but down 2.56% for the week

Week Open

Rs.313.90

...

Read full news article

Power Grid Corporation Q4 FY26: Tax Reversal Masks Underlying Margin Pressure

2026-05-16 14:46:21

Power Grid Corporation of India Ltd., the country's leading transmission utility with a market capitalisation of ₹2.84 lakh crores, reported a standalone net profit of ₹8,292.44 crores for Q4 FY26, representing an extraordinary 101.19% surge quarter-on-quarter. However, this headline figure conceals a more nuanced operational reality driven by a substantial tax reversal rather than operational excellence. On a consolidated basis, the company posted a net profit of ₹4,546.33 crores, up 8.63% sequentially and 9.74% year-on-year, whilst revenues declined 5.89% quarter-on-quarter to ₹11,665.61 crores.

Read full news article

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