Power Grid stock falls 2.55 percent near its 52-week low

Published on 10/08/2026 at 09:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Power Grid stock posted Q1 FY27 revenue of INR 114.97 billion, up 3 percent year over year. A 25-analyst consensus puts the average 12-month target at INR 319.32.

Power Grid, INE752E01010, Illustration mit AI erstellt.

Power Grid stock (ISIN INE752E01010) fell 2.55 percent to INR 246.60 at 1:23 p.m. IST on October 8, 2026, only 0.31 percent above its 52-week low of INR 245.85. The move leaves the state-run transmission company valued at INR 2.3 trillion.

The stock nears its yearly low

The NSE quote showed Power Grid at INR 246.60 against an intraday high of INR 254.00 and an intraday low of INR 245.80 on October 8, 2026. Trading volume had reached 9,866,485 shares, while the 52-week high stood at INR 324.95.

The distance from the yearly high is 24.12 percent, giving the current price a distinctly different profile from the stock's April peak. For investors, the key market signal is the proximity to the lower end of the annual range rather than a new fundamental announcement.

Q1 growth meets a weaker margin story

In its Q1 FY27 update dated August 8, 2026, DSIJ reported consolidated revenue of INR 114.97 billion, converted from INR 11,497 crore, up 3 percent year over year. EBITDA rose 4 percent to INR 95.37 billion, while the EBITDA margin increased 120 basis points to 82.9 percent.

The same Q1 FY27 update put reported profit after tax at INR 37.05 billion, up 8 percent, and adjusted profit after tax at INR 36.20 billion. The comparison was affected by an INR 2.30 billion one-off gain in Q1 FY26, so the adjusted figure gives a clearer view of underlying earnings than the reported increase alone.

Capital spending added another operating marker. Q1 FY27 capex reached INR 77.70 billion, up 11 percent year over year, while capitalisation rose to INR 52.80 billion. The figures point to continued asset deployment even as regulated-income timing affects quarterly profitability.

Analysts still see higher value

Investing.com lists a Buy consensus from 25 analysts, with 15 Buy ratings, 7 Hold ratings and 3 Sell ratings. The average 12-month price target is INR 319.32, with a high of INR 400.00 and a low of INR 264.00.

Against the INR 246.60 market price, the average target lies 29.49 percent above the price. That spread contrasts with the stock's 24.12 percent distance below its 52-week high and shows why the market is weighing long-term transmission investment against near-term earnings quality.

Power Grid stock price on NSE

Power Grid stock was last at INR 246.60 on NSE at 1:23 p.m. IST on October 8, 2026. The price was 0.31 percent above the 52-week low of INR 245.85 and 24.12 percent below the 52-week high of INR 324.95.