Is Power Grid Corporation stock a buy right now?
As of May 2025, Power Grid Corporation of India trades at approximately ₹308.20 on the NSE, with a robust average daily trading volume of 15.21 million shares. This persistent investor interest highlights the company's role as India's foremost electric power transmission provider and a pivotal force in the nation’s infrastructure development. Recent months saw Power Grid Corporation achieve key milestones, including the commissioning of new transmission projects and an 85 MW solar PV plant in Madhya Pradesh—reflecting its focus on supporting India’s renewable energy ambitions. Market sentiment remains constructive, buoyed by strong government backing and the company’s regulated, stable revenue model, which ensures income predictability even amidst industry competition and sectoral reforms. The current technical landscape indicates consolidation, with the share price maintaining levels above key moving averages and showing neutral RSI—suggesting balanced momentum and opportunities for a breakout if market optimism persists. More than 35 national and international banks have set their consensus target price at ₹400 per share, underscoring a positive long-term outlook. For investors seeking a combination of stability, income, and exposure to India’s growing infrastructure sector, Power Grid Corporation merits close consideration at current levels.
- Market leader in Indian power transmission, ensuring stable long-term demand.
- Attractive dividend yield of nearly 5% supports income-focused portfolios.
- Consistent government support strengthens business stability and growth prospects.
- Strategic expansion into renewables and smart grid technology.
- Predictable earnings through regulated, cost-plus tariff model.
- Earnings growth can be affected by evolving sector regulations.
- Competitive bidding may pressure margins on future projects.
- What is Power Grid Corporation?
- How much is Power Grid Corporation stock?
- Our full analysis on Power Grid Corporation </b>stock
- How to buy Power Grid Corporation stock in India?
- Our 7 tips for buying Power Grid Corporation stock
- The latest news about Power Grid Corporation
- FAQ
Why trust HelloSafe?
At HelloSafe, our expert has been monitoring the performance of Power Grid Corporation for more than three years. Each month, hundreds of thousands of users in India rely on us to interpret market trends and highlight the best investment opportunities. Our analyses are provided for informational purposes only and do not constitute investment recommendations. In line with our ethical charter, we have never been, and never will be, compensated by Power Grid Corporation.
What is Power Grid Corporation?
| Indicator | Value | Analysis |
|---|---|---|
| 🏳️ Nationality | India | Indian Maharatna PSU, providing essential national electricity transmission infrastructure. |
| 💼 Market | NSE, BSE | Listed on India's major stock exchanges, ensuring strong liquidity and investor access. |
| 🏛️ ISIN code | INE752E01010 | Unique identifier for Power Grid shares on international and domestic platforms. |
| 👤 CEO | Ravindra Kumar Tyagi | Led by an experienced executive supporting operational and strategic growth initiatives. |
| 🏢 Market cap | ₹2,87,389 Crore (~$34.2 billion) | Large-cap status with strong government backing and sectoral leadership position. |
| 📈 Revenue | ₹45,495 Crore (TTM) | High, stable revenue base reflects regulated business and extensive national grid footprint. |
| 💹 EBITDA | ₹38,670 Crore (TTM, ~85% margin) | Exceptional EBITDA margin signals efficient operations and steady cash generation. |
| 📊 P/E Ratio (Price/Earnings) | 18.49 | Reasonable valuation for a regulated utility; offers scope for defensive, income-focused investors. |
How much is Power Grid Corporation stock?
The price of Power Grid Corporation stock is rising this week. As of now, the stock is trading at ₹308.20, marking a 1.40% gain over the last 24 hours and a 0.55% increase for the week.
| Metric | Value |
|---|---|
| Market Capitalization | ₹2,87,388.66 crores |
| 3-Month Avg. Daily Volume | 15.21 million shares |
| P/E Ratio | 18.49 |
| Dividend Yield | 4.95% |
| Beta | 1.24 |
Investors may appreciate the stock’s steady returns and resilience as part of India’s vital infrastructure sector.
Check out the best brokers in India!Compare brokersOur full analysis on Power Grid Corporation stock
We have undertaken a thorough review of Power Grid Corporation of India’s most recent financial results, as well as a comprehensive assessment of the stock’s performance trajectory over the past three years. Synthesising insights from financial ratios, technical momentum, market data, and industry benchmarks—processed through our proprietary analytical frameworks—we arrive at a clear picture of both current positioning and future potential. So, why might Power Grid Corporation stock once again become a strategic entry point into India’s dynamic utilities and infrastructure sector in 2025?
Recent Performance and Market Context
Power Grid Corporation’s share price, as of May 5, 2025, stands at ₹308.20, reflecting a modest intraday gain of 1.40%. While the year-on-year change is slightly negative at -0.85%, the stock’s longer-term performance tells a markedly different story, appreciating by an impressive 234.81% over the past five years—a testament to both business resilience and robust investor demand. It is particularly notable that the stock, after its peak at ₹366.25 within the last 52 weeks, has entered a consolidation phase, finding key support above ₹295.
Recent months have witnessed a cluster of positive corporate developments driving sentiment. In April 2025, Power Grid successfully commissioned an 85 MW solar PV power plant in Madhya Pradesh and completed the vital POWERGRID Raipur Pool Dhamtari Transmission Project, enhancing grid capacity and reinforcing its leadership in national grid infrastructure. The company approved ambitious new capex of ₹964.44 crores in May, underscoring an aggressive stance on network expansion—well-aligned with India’s fast-evolving power demand and renewable integration goals.
Sector-wide, India’s power transmission landscape is benefitting from two defining macroeconomic tailwinds: the government’s commitment to renewable energy targets and ongoing electrification across rural and industrial clusters. Power Grid, as India’s largest transmission utility and a Maharatna CPSE, is directly positioned at the intersection of these policy priorities, enjoying stable regulatory support and a cost-plus tariff mechanism that assures predictable revenues.
Technical Analysis
Current technical readings signal a market in equilibrium but with distinct bullish undertones:
- Relative Strength Index (RSI, 14 days): At 57.7, RSI sits comfortably in a neutral zone. This mid-range valuation suggests neither overbought nor oversold conditions, providing a stable base for accumulation.
- MACD Indicator: The MACD (+6.3) remains above the centerline, albeit just below its signal line (+7.5). This configuration often precedes bullish crossovers, especially as price momentum reasserts itself.
- Moving Averages: Power Grid trades above its 20-, 50-, and 100-day SMAs, confirming medium-term strength, even as it hovers slightly below the 200-day SMA (₹313.75). This arrangement is typical of a mature consolidation before an attempted breakout.
- Support & Resistance: The stock has consistently found buyers at the ₹295 and ₹282 support levels, establishing a robust technical floor. Resistance looms at ₹310 and, more importantly, ₹322—levels that, if breached with conviction, could open the door to a fresh upward leg.
Momentum indicators, including an MFI at 56.7, suggest healthy participation and no signs of speculative froth. The 1-year beta at 1.24 hints at a slightly more volatile period recently, but the 5-year beta of 0.32 underscores the stock’s longstanding defensiveness.
Fundamental Analysis
Power Grid’s fundamentals remain a pillar of its investment case:
- Earnings Power and Efficiency: Q3 FY2025 net sales came in at ₹11,233 crores with a remarkable EBITDA margin of 85%. Annual net profit stands at ₹15,545 crores, translating to an EPS of ₹16.71. Return on equity is strong at 19.0%, reflecting both capital efficiency and pricing power within regulated operations.
- Valuation: With a P/E ratio of 18.49, Power Grid is attractively positioned relative to listed peers, especially when adjusted for the reliability of its cash flows and high dividend yield. Price-to-book stands at 3.06, and price-to-sales at 6.43—both sustainable given the company’s capital intensity and dominant market role.
- Dividend Strength: A forward yield of 4.95%—nearly unmatched among Indian large caps—combined with a prudent 65% payout ratio, appeals strongly to income-focused investors.
- Structural Strength: The strategic shift into renewables, telecom via POWERTEL, and smart grid initiatives secures diversification beyond core transmission. The government’s stake (51.34%) provides ongoing stability and limits downside risk. Power Grid’s sheer scale—operating over 177,790 circuit kilometers—renders it indispensable to the nation’s infrastructure backbone.
The only noteworthy risk is the current debt-to-equity ratio of 137%. However, in the context of stable regulated tariffs and proven cash generation capacity, leverage is well within manageable bounds.
Volume and Liquidity
Sustained average daily volume—15.21 million shares over the past three months—speaks to both liquidity depth and robust institutional engagement. The shareholding structure, with nearly 45% held by institutional investors (both domestic and foreign), reflects profound market confidence.
A relatively low free float, given majority government ownership, tends to support valuation multiples during episodes of rising demand, as available supply is constrained. This phenomenon can translate into dynamic price movements as broader sentiment turns bullish.
Catalysts and Positive Outlook
Looking ahead, several upside triggers present themselves:
- Renewable Energy Integration: India’s target of 500 gigawatts of non-fossil capacity by 2030 will require unprecedented transmission buildout. Power Grid’s capex strategy and new solar plant commissioning demonstrate its readiness to capture these growth avenues.
- Innovation and Diversification: Forays into telecom, electric vehicle infrastructure, and smart grid technology align Power Grid with secular growth stories beyond traditional transmission.
- Policy and Regulation: Continued government backing and alignment with national electrification goals provide a formidable regulatory tailwind.
- Dividend Visibility: Scheduled and well-covered dividends not only enhance total return potential but also anchor the stock during broader market turbulence.
- Upcoming Projects: Execution of new capex and timely commissioning of pipes and lines are likely to trigger both revenue accretion and value rerating.
- ESG Leadership: Investments in green projects and operational sustainability position Power Grid as an attractive candidate for global ESG-conscious funds.
Investment Strategies
For investors considering various time horizons, Power Grid exhibits qualities that can be tailored to each:
- Short Term (0–3 months): The current price action near technical support, coupled with approaching project commissioning cycles, seems to offer an ideal entry point for momentum-driven positions. Should the stock convincingly breach ₹310–₹322, technical upside could unfold rapidly.
- Medium Term (3–12 months): Multiple upcoming catalysts—renewable project wins, dividend announcements, regulatory updates—provide abundant narrative touchpoints for further rerating. Historically, post-consolidation phases have preceded strong multi-month rallies.
- Long Term (1+ years): The structural investment case—India’s infrastructure expansion, grid modernization, and sector dominance—continues to justify strategic allocation. Defensive cash flows, dividend reliability, and government backing make Power Grid a foundation stock for long-term portfolios seeking stability and moderate growth.
Optimal positioning is likely achieved at current technical support zones, or in advance of major policy announcements or project completions.
Is it the Right Time to Buy Power Grid Corporation?
Summing up, Power Grid Corporation’s blend of market leadership, stable regulatory environment, high dividend yield, and clear strategic priorities seems to represent an excellent opportunity, particularly in the midst of India’s infrastructure renaissance. Despite a brief phase of consolidation, the technical and fundamental data both suggest renewed interest is justified, pointing toward the initiation of a new bullish phase as catalysts begin to materialize.
For investors seeking to blend income generation with the potential for steady capital appreciation—and to gain exposure to India’s critical energy transition—Power Grid Corporation deserves serious consideration as a core portfolio holding. The confluence of resilient cash flows, robust liquidity, and imminent macro and company-specific tailwinds establish Power Grid as a rare, high-conviction opportunity in the utilities and infrastructure segment of the Indian market.
In today’s evolving investment landscape, the evidence strongly supports the view that Power Grid Corporation is entering a period of renewed upside potential—making a compelling case for those considering an allocation to India’s backbone infrastructure champion.
How to buy Power Grid Corporation stock in India?
Buying Power Grid Corporation of India stock online is straightforward and secure when you use a regulated Indian broker. Modern trading platforms make it easy to invest or trade from your smartphone or computer, with protection from SEBI regulation. Investors can purchase Power Grid shares directly (spot buying) for long-term ownership, or use Contracts for Difference (CFDs) for more flexible, short-term trading strategies. Both methods have distinct features, benefits, and risk levels. For help finding the most suitable service, you’ll find a broker comparison guide further down the page.
Cash buying
Spot buying means you purchase actual Power Grid Corporation shares and become a direct shareholder. You’ll own a stake in the company and are eligible for dividends and potential long-term growth. When buying shares through an Indian broker, expect a modest fixed commission per order—typically between ₹20 and ₹25.
Important example
Example: Suppose the Power Grid share price is ₹308.20. With a ₹85,000 investment (around $1,000), and factoring in a ₹400 brokerage fee (about $5), you can buy roughly 275 shares (₹85,000 - ₹400 = ₹84,600; ₹84,600 divided by ₹308.20 = 274.47 shares).
✔️ Gain scenario:
If the share price rises by 10%, your shares are now worth ₹93,500 (₹85,000 × 1.10).
Result: +₹8,500 gross gain, i.e. +10% on your investment.
Trading via CFD
CFD trading allows you to trade the price movement of Power Grid shares without actually owning the shares. CFDs are leveraged products, so you can open larger trades with a smaller deposit. Fees typically include the spread (the difference between the buy and sell price) and overnight financing if you keep positions open beyond the trading day.
Important example
Example: With ₹85,000 as margin and 5x leverage, your exposure becomes ₹4,25,000. You open a CFD position on Power Grid Corporation at the current price.
✔️ Gain scenario:
If the stock rises by 8%, your position earns 8% × 5 leverage = 40%.
Result: +₹34,000 gain (on your initial ₹85,000), excluding spreads and financing costs.
Final advice
Before investing, compare brokers’ commissions, trading tools, leverage limits, and support options, as these can significantly affect your returns. Some platforms are better for direct share purchases; others specialize in CFDs. Your choice depends on your goals: opt for spot buying if you seek long-term growth and dividends, or CFDs if you prefer tactical, short-term trading with higher risk and reward. Need help comparing options? See our comprehensive broker comparison guide further down the page.
Is EightCap reliable?
Yes, EightCap is a trusted platform regulated by ASIC (Australia) and FCA (United Kingdom). Since 2009, it has ensured the security of funds with segregated accounts and a rigorously regulated trading environment. If you are looking for a reliable broker to start with, EightCap is a safe bet, recognised in the industry.
Why choose EightCap?
EightCap combines performance and flexibility. The platform offers a wide selection of assets and tools such as MT4 and MT5, perfect for demanding traders. Are you a beginner? No problem: its demo accounts and innovative integrations like TradingView make learning intuitive and effective.
What are the fees at EightCap?
At EightCap, fees depend on the account you choose: Raw accounts display spreads from 0 pip, with a commission of $3.5 per lot. Standard accounts have slightly higher spreads but no commissions. No fees on deposits or withdrawals, for clear and controlled costs.
Who is EightCap for?
Whether you are a beginner or an experienced trader, EightCap is designed to meet your needs. Are you starting out? Take advantage of guides and demo accounts to understand the basics. Are you more advanced? Tools like MT5 and competitive spreads will allow you to go further in your strategies.
Is it easy to withdraw money from EightCap?
Withdrawing your earnings on EightCap is quick and easy. Requests are processed within 24 hours and you can use flexible options such as bank transfer, cards or e-wallets. Security and speed are at the heart of the service.
Is EightCap reliable?
Yes, EightCap is a trusted platform regulated by ASIC (Australia) and FCA (United Kingdom). Since 2009, it has ensured the security of funds with segregated accounts and a rigorously regulated trading environment. If you are looking for a reliable broker to start with, EightCap is a safe bet, recognised in the industry.
Why choose EightCap?
EightCap combines performance and flexibility. The platform offers a wide selection of assets and tools such as MT4 and MT5, perfect for demanding traders. Are you a beginner? No problem: its demo accounts and innovative integrations like TradingView make learning intuitive and effective.
What are the fees at EightCap?
At EightCap, fees depend on the account you choose: Raw accounts display spreads from 0 pip, with a commission of $3.5 per lot. Standard accounts have slightly higher spreads but no commissions. No fees on deposits or withdrawals, for clear and controlled costs.
Who is EightCap for?
Whether you are a beginner or an experienced trader, EightCap is designed to meet your needs. Are you starting out? Take advantage of guides and demo accounts to understand the basics. Are you more advanced? Tools like MT5 and competitive spreads will allow you to go further in your strategies.
Is it easy to withdraw money from EightCap?
Withdrawing your earnings on EightCap is quick and easy. Requests are processed within 24 hours and you can use flexible options such as bank transfer, cards or e-wallets. Security and speed are at the heart of the service.
Is Avatrade reliable?
AvaTrade is a trusted broker regulated by major institutions, including the AMF in France, the Central Bank of Ireland, ASIC (Australia), and FSA (Japan). Active since 2006, it offers solid guarantees, including the segregation of client funds and strict compliance with international standards. With over 300,000 active users, it inspires confidence in both novice and experienced traders.
Why choose Avatrade?
AvaTrade combines simplicity and expertise. Tutorials, demo accounts, and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities as you progress. You don’t need to be an expert: AvaTrade adapts to you.
What are the fees at Avatrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and inactivity costs that can be avoided with regular use. You can focus on learning and your investments without surprises when it comes to paying.
Who is Avatrade for?
AvaTrade is for everyone: beginners can take advantage of detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you are looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is an excellent choice.
Is it easy to withdraw money from Avatrade?
Yes, AvaTrade offers a fast and secure withdrawal process. Once your account is verified, your requests are processed within 1 to 2 business days. You can use various options such as bank cards, wire transfers, or e-wallets. Everything is designed to provide you with fast, clear, and secure access.
Is Avatrade reliable?
AvaTrade is a trusted broker regulated by major institutions, including the AMF in France, the Central Bank of Ireland, ASIC (Australia), and FSA (Japan). Active since 2006, it offers solid guarantees, including the segregation of client funds and strict compliance with international standards. With over 300,000 active users, it inspires confidence in both novice and experienced traders.
Why choose Avatrade?
AvaTrade combines simplicity and expertise. Tutorials, demo accounts, and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities as you progress. You don’t need to be an expert: AvaTrade adapts to you.
What are the fees at Avatrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and inactivity costs that can be avoided with regular use. You can focus on learning and your investments without surprises when it comes to paying.
Who is Avatrade for?
AvaTrade is for everyone: beginners can take advantage of detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you are looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is an excellent choice.
Is it easy to withdraw money from Avatrade?
Yes, AvaTrade offers a fast and secure withdrawal process. Once your account is verified, your requests are processed within 1 to 2 business days. You can use various options such as bank cards, wire transfers, or e-wallets. Everything is designed to provide you with fast, clear, and secure access.
Is Vantage reliable?
Vantage is a reliable broker, regulated by recognized authorities such as ASIC (Australia) and FCA (United Kingdom). It stands out for the security of its client accounts, protected by top-tier banks, and its commitment to transparency. With over 15 years of experience, Vantage is a trustworthy platform.
Why choose Vantage?
Vantage distinguishes itself by its balance between accessibility and professional tools. Beginners benefit from support with demo accounts and educational resources, while experienced traders appreciate the competitive spreads, fast execution, and advanced platforms like MT4/MT5. With a varied range of assets and transparent fees, Vantage caters to a wide audience seeking reliable and high-performance trading conditions.
What are the fees at Vantage?
The fees at Vantage are adapted to everyone. On ECN accounts, spreads start at 0 pip with a commission of $3 per lot. Standard accounts offer slightly higher spreads, but without commission. No deposit or withdrawal fees are applied, and the cost of inactivity is limited. With Vantage, you keep control of your costs to invest effectively.
Who is Vantage for?
Vantage is perfect for traders looking for professional conditions, while remaining accessible to beginners. If you want a fast platform, competitive fees and advanced tools, Vantage is an excellent choice. Whether you are learning or perfecting your strategies, you will find the necessary resources.
Is it easy to withdraw money from Vantage?
Withdrawing funds from Vantage is fast and secure. Requests are processed in less than 48 hours and you can choose between bank transfer, cards or electronic wallets. The platform guarantees smooth transactions and reduced fees, allowing you to easily access your earnings.
Is Vantage reliable?
Vantage is a reliable broker, regulated by recognized authorities such as ASIC (Australia) and FCA (United Kingdom). It stands out for the security of its client accounts, protected by top-tier banks, and its commitment to transparency. With over 15 years of experience, Vantage is a trustworthy platform.
Why choose Vantage?
Vantage distinguishes itself by its balance between accessibility and professional tools. Beginners benefit from support with demo accounts and educational resources, while experienced traders appreciate the competitive spreads, fast execution, and advanced platforms like MT4/MT5. With a varied range of assets and transparent fees, Vantage caters to a wide audience seeking reliable and high-performance trading conditions.
What are the fees at Vantage?
The fees at Vantage are adapted to everyone. On ECN accounts, spreads start at 0 pip with a commission of $3 per lot. Standard accounts offer slightly higher spreads, but without commission. No deposit or withdrawal fees are applied, and the cost of inactivity is limited. With Vantage, you keep control of your costs to invest effectively.
Who is Vantage for?
Vantage is perfect for traders looking for professional conditions, while remaining accessible to beginners. If you want a fast platform, competitive fees and advanced tools, Vantage is an excellent choice. Whether you are learning or perfecting your strategies, you will find the necessary resources.
Is it easy to withdraw money from Vantage?
Withdrawing funds from Vantage is fast and secure. Requests are processed in less than 48 hours and you can choose between bank transfer, cards or electronic wallets. The platform guarantees smooth transactions and reduced fees, allowing you to easily access your earnings.
Our 7 tips for buying Power Grid Corporation stock
| 📊 Step | 📝 Specific tip for Power Grid Corporation |
|---|---|
| Analyze the market | Review Power Grid Corporation’s technical indicators, such as price trends and moving averages. Watch for a breakout above key resistance at ₹310, supported by stable fundamentals and India's push for renewable integration. |
| Choose the right trading platform | Opt for a SEBI-registered Indian broker or secure online platform with low brokerage fees, access to NSE, and reliable execution for buying Power Grid shares. |
| Define your investment budget | Allocate a sensible portion of your portfolio to Power Grid, balancing it with other assets since the stock offers stability and attractive dividends but operates in a regulated sector. |
| Choose a strategy (short or long term) | Consider a long-term approach to benefit from Power Grid’s consistent dividends and stable growth, especially as India’s power infrastructure expands and benefits from new government projects. |
| Monitor news and financial results | Regularly follow Power Grid’s quarterly earnings, project announcements, and major regulatory changes, as these can impact share price and future returns. |
| Use risk management tools | Set stop-loss or trailing stop orders to protect your investments, especially around key support levels like ₹295, and diversify to manage sector-specific risks. |
| Sell at the right time | Review your investment goals and consider selling partly or fully near technical resistance (₹310–₹322) or after major dividend events to lock in profits or rebalance your portfolio. |
The latest news about Power Grid Corporation
Power Grid Corporation's share price showed a steady rise this week, surpassing key short-term moving averages. On May 5, 2025, the stock closed at ₹308.20, marking a 1.40% increase for the day and a 0.55% gain over the week, with the price actively trading above its 20, 50, and 100-day simple moving averages. This positive momentum is complemented by a neutral RSI (14 days) of 57.7, indicating balanced buying and selling, and signals technical strength for the stock. The recent sustained upward movement, despite broader market volatility, is notable as it reflects investor confidence in Power Grid’s fundamentals and outlook.
The company approved a significant ₹964.44 crores capital expenditure for new transmission projects, targeting completion by mid-2026. This substantial capex outlay, approved on May 1, 2025, underlines Power Grid’s ongoing investment in core infrastructure and supports the government’s push for broader grid modernization and capacity expansion. Completion of these projects is expected to further solidify the company’s dominant market position and drive long-term earnings growth, particularly as India continues to see rapid urbanization, increased electricity demand, and the integration of renewable energy into the national grid.
Power Grid successfully commissioned major new assets, including an 85 MW solar plant and a strategic transmission line in Central India. The commissioning of the 85 MW Nagda Solar PV Power Plant in April 2025, via its wholly-owned subsidiary, signals the company’s active expansion into green energy, enhancing its positioning within the national renewable energy agenda. Similarly, the operationalization of the Raipur Pool Dhamtari Transmission Project improves regional grid connectivity and reliability, capturing new revenue streams from recently electrified or industrializing areas—both developments are set to bolster Power Grid’s earnings visibility and diversification efforts.
The company maintains a robust dividend yield and stable payout ratio, reinforcing its appeal to income-seeking investors. With a forward dividend yield of 4.95% and payout ratio of approximately 65%, Power Grid stands out within the Indian utilities sector for its healthy and reliable shareholder returns. The interim dividend payout in February 2025 demonstrates commitment to this policy, further stabilized by the company’s regulated, cost-plus revenue model which provides predictable cash flows, even amidst capital-intensive expansion cycles.
Strong government ownership and sectoral support continue to provide Power Grid with vital strategic advantages. The Government of India retains a controlling stake of 51.34%, underlining Power Grid’s national importance within core infrastructure development objectives. This backing not only shields the company from adverse regulatory disruptions but also ensures preferential access to large-scale projects and policy initiatives—especially relevant as India scales up its renewable energy integration and grid modernization, which are likely to drive sustained demand for Power Grid’s services going forward.
FAQ
What is the latest dividend for Power Grid Corporation stock?
Power Grid Corporation currently pays a dividend, with the most recent interim dividend of ₹3.25 per share paid on February 7, 2025. For the full fiscal year, the forward dividend totals ₹15.00 per share, which translates into a robust yield of about 4.95%. The company has a consistent history of distributing around 65% of its profits as dividends, making it attractive to income-focused investors.
What is the forecast for Power Grid Corporation stock in 2025, 2026, and 2027?
Based on the present market price of ₹308.20, the projected share prices are ₹400.66 at the end of 2025, ₹462.30 at the end of 2026, and ₹616.40 at the end of 2027. Power Grid Corporation could further benefit from India's infrastructure push, strong government support, and expanding renewable energy integration, all of which point to resilient fundamentals and ongoing sector momentum.
Should I sell my Power Grid Corporation shares?
Holding onto Power Grid Corporation shares may be a sound approach, thanks to its stable cash flows, strategic role in India's growing power sector, and reliable dividend payments. The company's defensive qualities and dominant market position help it weather market volatility, while ongoing capital investment and diversification offer scope for future growth. These strong fundamentals suggest continued long-term potential for shareholders.
How are dividends from Power Grid Corporation taxed in India?
Dividends received from Power Grid Corporation are taxable in the hands of investors at their individual income tax slab rates in India. No dividend distribution tax is deducted at source, but investors should note that if total dividends from Indian companies exceed ₹5,000 in a financial year, a 10% TDS (Tax Deducted at Source) is applied. Capital gains are subject to standard Indian equity taxation rules.
What is the latest dividend for Power Grid Corporation stock?
Power Grid Corporation currently pays a dividend, with the most recent interim dividend of ₹3.25 per share paid on February 7, 2025. For the full fiscal year, the forward dividend totals ₹15.00 per share, which translates into a robust yield of about 4.95%. The company has a consistent history of distributing around 65% of its profits as dividends, making it attractive to income-focused investors.
What is the forecast for Power Grid Corporation stock in 2025, 2026, and 2027?
Based on the present market price of ₹308.20, the projected share prices are ₹400.66 at the end of 2025, ₹462.30 at the end of 2026, and ₹616.40 at the end of 2027. Power Grid Corporation could further benefit from India's infrastructure push, strong government support, and expanding renewable energy integration, all of which point to resilient fundamentals and ongoing sector momentum.
Should I sell my Power Grid Corporation shares?
Holding onto Power Grid Corporation shares may be a sound approach, thanks to its stable cash flows, strategic role in India's growing power sector, and reliable dividend payments. The company's defensive qualities and dominant market position help it weather market volatility, while ongoing capital investment and diversification offer scope for future growth. These strong fundamentals suggest continued long-term potential for shareholders.
How are dividends from Power Grid Corporation taxed in India?
Dividends received from Power Grid Corporation are taxable in the hands of investors at their individual income tax slab rates in India. No dividend distribution tax is deducted at source, but investors should note that if total dividends from Indian companies exceed ₹5,000 in a financial year, a 10% TDS (Tax Deducted at Source) is applied. Capital gains are subject to standard Indian equity taxation rules.
