Power Grid highlights new transmission win, shares hold range on NSE and BSE
22.06.2026 - 21:51:07 | ad-hoc-news.de
By Thomas Klein, Operations & Strategy desk. Reviewed prior to publication on 2026-06-22, 21:46.
Power Grid (INE752E01010) starts the week with a new transmission project award under the tariff-based competitive bidding framework. The stock trades around ?291 on NSE and BSE per Upstox, keeping the large-cap utility in focus on the Indian power sector benchmark indices. Upstox live price snapshot
Fresh TBCB project underpins growth pipeline
According to analytics platform Faxioms, Power Grid recently secured a significant TBCB project for the WR-ER Inter-Regional Network Expansion Scheme Part-A, with a Letter of Intent dated June 16, 2026, confirming the award. Faxioms daily update The project is expected to expand transmission capacity between the western and eastern regions, reinforcing the company’s role as India’s central power transmission utility.
The award adds to an already sizeable order book in inter-state transmission, supporting medium-term capital expenditure and regulated returns. Faxioms notes that while near-term technicals appear mixed, the new project is viewed as a positive earnings catalyst as it converts into commissioned assets over the coming years. Faxioms project and fundamentals overview
Analyst views and recent profitability trends
Faxioms reports that about 60.87 percent of covering analysts currently rate Power Grid as Buy or Strong Buy, indicating a broadly constructive stance even as some short-term charts flag a bearish trend with the share price trading below its 50-day exponential moving average. Faxioms analyst consensus and technicals At the same time, a bullish MACD crossover and an RSI around 46.7 point to only moderate selling pressure rather than capitulation.
On fundamentals, the same source highlights that for the March 2026 quarter Power Grid recorded a revenue decline of roughly 5 percent year on year, while net profit increased close to 10 percent, with earnings per share rising nearly 10 percent as well. Faxioms quarterly performance snapshot This combination suggests improved profitability on a per-share basis despite softer top-line development in the latest reported period.
All news and analysis on the Power Grid shares
Charts, ad-hoc announcements and further coverage on Power Grid are bundled on the dedicated topic page and in the company’s own investor-relations material.
What the company operates
Power Grid Corporation of India runs the national high-voltage interstate transmission network, including 765 kV and 400 kV lines, substations and associated systems across multiple regions. Upstox company profile The government holds about 51.34 percent of the equity, with institutional and public investors owning the remainder.
Where the shares trade today
The Power Grid shares (INE752E01010) last traded on NSE at approximately ?291.20 on 2026-06-22, 15:30 India time, with the BSE quote moving in a similar range in rupees.
Key data on the Power Grid shares
- Company: Power Grid Corporation of India Ltd.
- ISIN: INE752E01010
- WKN: 564822
- Ticker: POWERGRID
- Trading venue: NSE / BSE
- Price (as of 2026-06-22, 15:30): 291.20 INR
- Market cap: 2,71,950 crore INR (as of 2026-06-22)
- Sector / industry: Utilities / Electric Transmission and Distribution
- Index membership: Nifty 50 / BSE Sensex
- Next earnings date: not officially scheduled
Disclaimer: This article is for informational purposes only and does not constitute investment advice, a recommendation to buy or sell any financial instrument, or a solicitation for any transaction. All data are based on sources deemed reliable but cannot be guaranteed. Investors should conduct their own research or consult a qualified financial advisor before making investment decisions.
