Power Grid has surpassed its FY26 capital expenditure estimate at a whopping ₹40,000 crore. The expansion includes adding over 4,700 kilometers of power lines and increasing capacity by 72,055 MVA. The company's focus for the future is on integrating renewable energy sources, developing digital substations, and expanding globally.
Power Grid Corporation of India Limited
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Power Grid Corporation announced its Q4 FY26 highlights, boasting a 3 trillion rupee increase in gross fixed assets and nearly 100% system availability. Future plans involve the development of 765kV digital substations, battery energy storage projects, and a capital expenditure (CapEx) goal of 37,000 crores for FY27. Notably, they've also met their ESG objectives.
Power Grid Corporation's latest Q4 2026 earnings call, led by newly appointed CMD Shri B. Vamsi Rama Mohan, focused on discussing the company's financial results, future expansion strategies, and key growth initiatives.
Power Grid executed a significant block deal on the NSE, trading over a million shares for approximately $43 million at around $295 per share.
PPFAS MF, under Rajeev Thakkar's leadership, increased its investment in IT giants such as HCL Tech, Infosys, and TCS worth approximately 1,417 crore, 1,181 crore, and 847 crore respectively, during April. Conversely, they trimmed down their holdings in PSU companies like Power Grid, Coal India, and SBI, indicating a notable shift in their investment strategy.
Jefferies keeps a positive outlook on Power Grid, predicting a price target of ₹340, due to in-line Q4 profits and robust capital expenditure growth. The firm expects higher capitalization than anticipated for FY26, leading to earnings upgrades for FY27-28, with improved execution driving future targets.
Brokerages have turned optimistic about Power Grid following Q4 results, with potential for a 22% increase in its share price, indicating a possible growth opportunity. The increased outlook suggests an upward revision in the target price of Power Grid's shares.
Top picks for today (May 19) feature companies like IGL, Paytm, Power Grid, KEC Intl, NHPC, and Bajaj Finance. Analysts suggest potential investment strategies, ranging from buying, selling, or holding these stocks, as per ET NOW.
Goldman Sachs maintains its positive outlook on Power Grid Corporation, setting a target price of INR 380 and encouraging investors to consider buying the stock.
Bernstein remains optimistic about Power Grid, forecasting a target price of ₹305, backed by robust financial projections for FY26 and steady investment plans for FY27. However, potential risks include complications in land acquisitions, increased TBCB share, limitations on passing cost increases to consumers, and extended construction schedules for FY27.
Despite a lackluster performance in September, PowerGrid continues to attract investors as 60% of analysts recommend buying the stock.
The Power Grid Corporation's impressive earnings have caught investor attention, with brokerages raising their target prices in response to its stellar performance. This positive development marks a promising outlook for the state-owned utility company.
Cochin Shipyard and associated companies Kaynes Tech, ICICI Pru, and Amber Enterprises experienced downturns in their performances despite differing results. Delivery and Power Grid also showed signs of weakness, while the reasons behind Premier Energies and Oracle Fin trends remain unclear.
HSBC keeps a positive outlook on Power Grid, raising its price target to ₹295 due to strong FY26 capital expenditure and capitalization performance. The bank anticipates growth in domestic transmission projects and battery energy storage systems (BESS).
Tata Steel witnessed a significant jump in Q4 profits, with revenue growing by more than 12%, indicating strong performance. Vodafone's profitability was achieved due to a one-time income source, while PowerGrid reported underperforming Q4 results.
Sensex saw a significant intraday recovery of 640 points, closing at around 75,087.71 (a minor dip of 0.2%). Nifty followed suit, ending the day at 23,577.55 (-0.28%). Notable tech stocks like Tech Mahindra (+4.1%) and Airtel (+2.1%) performed exceptionally well, while Power Grid (-4%) and Tata Steel (-3.8%) experienced a downturn.
Investors are urged to consider buying call options for Godfrey Phillips and Premier Energies. The target prices for Godfrey Phillips range from 2470 to 2525, while Premier Energies could potentially reach 1000-1025. Tata Steel's results are strong, with a support level at 208 and resistance at 227. However, Power Grid continues to show weakness.
Power Grid's shares experienced a 4.4% drop due to Q4 results showing a 5% revenue decrease to ₹11,666 crore and an EBITDA decline of 11.3%. The margins also narrowed significantly from 83% to 78% year-over-year.
Power Grid Corporation surpassed its FY26 capitalization target of Rs 35,000 crore, achieving a remarkable Rs 39,967 crore. With over 184,000 circuit kilometers of transmission lines, 624 MVA capacity, and 291 substations, the company demonstrated robust performance in FY25-26.
HDFC Securities analyst Unmesh Sharma favors SBI Life and Power Grid for their strong growth prospects. Meanwhile, consumer stocks such as Asian Paints, Crompton, and Sobha are considered attractive due to a post-valuation correction, according to Sharma.
The Sensex experienced a significant drop of 800 points today, with the Nifty sliding below 23,450 in initial trading. Notably, Power Grid and Tata Steel saw a decrease of 4% each, reflecting broader market weakness.
PowerGrid has increased its capital expenditure (Capex) for the fiscal year 2026 to 35,000 crores, up from the initial 32,000 crores. For the following year, a proposed Capex of 37,000 crores is planned, with new High-Voltage Direct Current (HVDC) projects expected to be completed within the next 18 to 24 months.
Power Grid is pushing back its Q4 results announcement to tomorrow due to a rescheduled board meeting. Anticipation builds for Vodafone Idea's Q4 results, set to be released tomorrow in the financial market.
Power Grid Corporation reported a significant decrease in its Q4 EBITDA, falling from 92 billion INR last year to 75 billion this year. The EBITDA margin also dipped, decreasing from 84% to 75.2%.
Power Grid's Q4 earnings increased by 10%, surpassing expectations despite a decrease in revenue. Notably, they also declared a dividend for shareholders.
Power Grid successfully allocated their raised INR 3,704 crore through Non-Convertible Debentures (NCDs), with no discrepancies reported by auditors. The funds were used as planned during Q1 of the fiscal year ending March 2026.
Power Grid Corporation has given the green light to invest nearly $81 million in three projects, which will involve updates to substations and communication systems, with a target completion date of September 2028.
Power Grid's Q4 earnings show a decline in EBITDA by 11%, as reported by ET NOW. Karan has provided an in-depth analysis of these results on the same platform, highlighting the challenges faced during this period.
Power Grid reported a Profit After Tax of ₹15,921 Crore in FY26, marking a significant increase with overall income nearing ₹47,000 Crore. The board also proposed a final dividend of ₹1.25 per share (total ₹9), and approved a new loan of ₹5,000 Crore.
Today, Tata Steel, Power Grid, NHPC, and other companies are set to release their Q4FY26 results, with a focus on key sector trends. While Tata Steel's European volumes remain low, there is an improvement in Average Selling Prices (ASPs). Power Grid anticipates significant capital expenditure and asset growth for the future.
Anticipated Q4 results from Power Grid highlight potential growth in both revenue and profitability, as reported by financial analyst Janhavi Ladda. Stay tuned for her insights and analysis.
The Nifty market looks set to start the day on a down note due to rising inflation concerns following India's increase in fuel prices by ₹3/litre. Investors are closely watching Q4 results from major companies like Tata Steel, Power Grid, Bajaj Electricals, and Hindustan Copper, as they navigate through global uncertainties.
Citi has recommended buying shares in NTPC, Tata Power, Power Grid, and JSW Energy due to the expected growth in the Indian power sector. The surge is primarily fueled by a consistent 5-6% annual increase in demand for renewable energy and grid storage.
Powergrid's board will convene on May 16, 2026, to review and approve the financial results for FY26. A potential final dividend payout for the fiscal year is under consideration; trading restrictions have been imposed until May 18.
Power Grid Corporation reported a growth in Q3 profits, reaching INR 39.7 billion, driven by stable returns from regulated tariffs and increasing power demand in India. However, the company's financial health is under scrutiny due to mounting capital expenditure, which could potentially pose debt-related concerns moving forward.
Power Grid Corporation is seeking a ₹4,000 crore loan from State Bank of India to bolster its financial position and continue with projects. The company's shares have climbed 19.3% year-to-date, with Q3 FY26 net profit increasing by 6.8% to ₹4,160.2 crore and revenue growing by 8.7% year-over-year.
Power Grid Corporation successfully secured ₹4,000 crores through a capital raise, earmarked for expanding its power grid network. This additional funding will fortify the company's financial standing and enable significant investments in infrastructure expansion.
Power Grid has secured a Rs. 4,000 crore unsecured loan from the State Bank of India in a recent board meeting, boosting their financial resources for ongoing projects. The meeting took place on April 30, 2026.
Power Grid Corporation has experienced a significant breakthrough, surpassing previous resistance levels due to increased trading volumes and rising moving averages. Additionally, there's been a noticeable shift in the support-resistance dynamic, suggesting potential positive momentum for this stock.
ICICI Sec's Dharmesh Shah suggests investing in JSW Steel with a target of ₹1,445 and Power Grid at ₹352, setting stop losses at ₹1,115 and ₹289 respectively. Despite concerns over crude prices and weak performances from Reliance and Axis Bank, the Nifty 50 and Sensex managed a 0.73% and 0.77% increase respectively.