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Power Grid Corporation of India Ltd.

NSE: POWERGRID · Power

₹261.85
as of 28 Sep 2026
AI verdict · 28 Sep 2026
Bearish 58% confidence

Margin compression and flat earnings growth despite project wins, combined with bearish technical structure and low conviction volume…

Strongest bull point

Nine TBCB project wins including ₹430.67 crore annual recurring charges from Lakadia-Jam Khambhaliya-Jamnagar, plus strategic Barmer HVDC acquisition, demonstrate competitive strength in renewable energy transmission with visible earnings pipeline.

Strongest bear point

Q1 net profit fell 0.89% YoY despite 0.36% revenue growth with margin compression to 31%, indicating cost inflation outpaces pricing power; price below all major EMAs in descending order with low volume (55% of average) suggests further downside toward ₹251 support.

Technical Forecast · next 10 trading days
Expected
₹268.04 +2.4%
Range
₹267.05 – ₹268.81
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Every call on POWERGRID, misses included
  1. Bearish 28 Sep 2026 → now Scores 28 Oct 2026
    ₹261.85 → ₹261.85 0.0%
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