NSE: POWERGRID Share Price Financial Analysis & Valuation

Power Grid Corporation of India Ltd. is a government-owned enterprise which is categorized as Public Sector Undertaking (PSU) or a Public Sector Enterprise.

Power Grid Corporation of India Ltd. is a most liquid value blue chip company and also listed in TOP 20 Valuation Picks of NSE. POWERGRID is having low PE (Price to Earning), low PB (Price to Book) and high DY (Dividend Yield).

Power Grid Corporation of India Ltd. is good enough to Outperformed the market. POWERGRID gives better return on an investment after adjusting for market-related volatility and random fluctuations as compared to market.

Power Grid Corporation of India Ltd. is also traded in Future & Options (Derivative segment of NSE).

Power Grid Corporation of India Ltd. is a high yielding company listed on NSE while meeting growth and stability requirements. POWERGRID is also listed in Top 50 NIFTY Dividend Opportunities Company List.

In the past 1 year, Power Grid Corporation of India Ltd. has declared an equity dividend of Rs 18.75 per share. At the current share price of POWERGRID at Rs 292.90, this results in a dividend yield of 6.4 %.

As per the Fundamental Analysis of NSE:POWERGRID, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine POWERGRID underlying value and future prospects. All of this data is available in POWERGRID financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:POWERGRID, it is clearly understood that POWERGRID is Standard performer in terms of earnings and profit margins with an EPS of 16.73. NSE:POWERGRID book value per share as of today is 89.06. The current price to book ratio for POWERGRID as of Apr 29, 2024 is 3.29.

Valuation of the Stock: The current valuation of POWERGRID stock is like Bronze which means currently the stock is Reasonably Priced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of POWERGRID whether to BUY this stock at current valuation. The delivery percentage of POWERGRID is 50.34% is very crucial parameter which shows that 50.34% investors are anticipating that the price of POWERGRID share should go up with VWAP at 291.97.

Now, the main question is whether to BUY or SELL, NSE:POWERGRID at current valuation.
As per latest Analysis No. #3137:-

⇑ STRONG BUY POWERGRID if All Greens

⇗ BUY POWERGRID (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD POWERGRID (With Stop Loss) if only 1 Green

⇘ SELL POWERGRID if NO Green Indicator

NSE: POWERGRID Share Price Today (Apr 29, 2024)

(Power Grid Corporation of India Ltd. Daily Analysis on the basis of POWERGRID Intraday Graph & Trend)

Power Grid Corporation of India Ltd. share price moved Up by 0.22% from its previous close of Rs 292.25. POWERGRID stock last traded price is 292.90. POWERGRID share price trend is Up with a total of 7446905 stocks traded till now. It has touched an intraday high of Rs 294.60 and an intraday low of Rs 289.60. The POWERGRID trading at 292.90, Up by Rs. 0.65, or 0.22 percent which suggests that most of the Traders are anticipating that the price of POWERGRID share should go Up.

NSE: POWERGRID Share Price Tomorrow Prediction

(Power Grid Corporation of India Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of POWERGRID)

Power Grid Corporation of India Ltd. share price moved Up by 0.22%. POWERGRID share price short term trend is Up. It suggests that POWERGRID Share Price for Tomorrow remains the same with VWAP at 291.97 will be treated as stop loss for intraday traders. Power Grid Corporation of India Ltd. Long term investors can follow the POWERGRID long term trend as mentiond in future forecast table.

NSE:POWERGRID News & Other Useful Information about POWERGRID Share Price

Peer Comparison of NSE: POWERGRID

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Power - Generation & Distribution