POWERGRID Share Price, Analysis & Fundamentals

Power Grid's profitability improved despite revenue dips, supported by strong analyst buy ratings, though recent price action reflects broader market weakness.

The market shows mixed technical signals with positive short-term returns but a longer-term downtrend below key moving averages.
The company experienced a revenue decline in the latest quarter but demonstrated improved profitability with increased net profit and EPS.
Analyst ratings are predominantly positive, with a strong 'Buy' or 'Strong Buy' consensus, and this sentiment has been stable.
Promoter ownership remains high, while institutional holdings saw a slight decrease due to FII reductions, partially offset by DII increases.
Upcoming board meetings will discuss significant borrowing limits and proposals, and a key transmission project has been commissioned.
Recent news highlights include sector-wide developments in ethanol as a cooking fuel and a general market downturn, with no direct company-specific catalysts identified.

The market has experienced a positive short-term return of 1.96% in the last day, but a negative return of -9.12% over the last three months.
The current price is trading below the 50-day and 200-day moving averages, indicated by negative distances of -0.19% and -0.35% respectively.
Momentum indicators are mixed, with an RSI of 53.9 suggesting a neutral to slightly positive sentiment, while the RSI percentile over the past year is high at 72.41%.
Volume analysis shows that the average 20-day volume is slightly below the average 50-day volume, and the current volume is 1.19 times the 20-day average.
The price is currently trading at 75.86% of its Bollinger Band width, indicating it is in the upper half of the band.

The market exhibits a mixed technical picture. While short-term returns have been positive, the longer-term trend shows weakness as the price is below key moving averages. Momentum is neutral to positive, with a bullish MACD crossover noted. Volume signals are not strongly indicative of a clear trend. Volatility suggests the price is within normal ranges, but the z-score indicates a slight deviation from the mean. Valuation metrics like P/E and P/B ratios are trading below their 6-month averages, suggesting potential undervaluation relative to recent history.

Revenue for Mar 2026 quarter was ₹11,666 Cr.
Quarter-over-quarter, revenue decreased by -5.881%, while net profit increased by 8.626% and EPS increased by 8.667%.
Year-over-year, revenue decreased by -4.961%, while net profit increased by 9.727% and EPS increased by 9.888%.
Profitability shows an upward trend both QoQ and YoY.

POWERGRID's board will meet on July 22, 2026, to consider increasing the borrowing limit to ₹35,000 crore and a borrowing proposal for FY28. Additionally, POWERGRID has successfully commissioned the Khavda RE evacuation transmission system Part E4, effective June 21, 2026.