POWERGRID - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 4.3
| Stock Code | POWERGRID | Market Cap | 2,63,683 Cr. | Current Price | 283 ₹ | High / Low | 322 ₹ |
| Stock P/E | 16.8 | Book Value | 106 ₹ | Dividend Yield | 3.18 % | ROCE | 13.0 % |
| ROE | 17.1 % | Face Value | 10.0 ₹ | DMA 50 | 265 ₹ | DMA 200 | 279 ₹ |
| Chg in FII Hold | -0.93 % | Chg in DII Hold | 0.86 % | PAT Qtr | 4,160 Cr. | PAT Prev Qtr | 3,555 Cr. |
| RSI | 68.2 | MACD | 0.60 | Volume | 5,42,73,736 | Avg Vol 1Wk | 2,84,56,822 |
| Low price | 247 ₹ | High price | 322 ₹ | PEG Ratio | 6.77 | Debt to equity | 1.38 |
| 52w Index | 48.1 % | Qtr Profit Var | 6.83 % | EPS | 16.9 ₹ | Industry PE | 17.0 |
📊 Analysis: POWERGRID shows strong fundamentals with stable earnings, healthy ROE (17.1%), and attractive dividend yield (3.18%). Current price (₹283) is above both 50 DMA (₹265) and 200 DMA (₹279), reflecting bullish bias. RSI at 68.2 indicates strong momentum but nearing overbought levels. MACD (0.60) is positive, supporting short-term bullishness. Volume is significantly higher than weekly average, confirming strong intraday participation.
💹 Optimal Buy Price: Around ₹280–₹283 (near support zone close to 200 DMA).
🎯 Profit-Taking Exit Levels: ₹290–₹295 (short-term resistance zone).
🛡️ Stop-Loss / Loss Protection: ₹276 (below intraday support).
⏱️ If Already Holding: Consider exiting if price fails to sustain above ₹280 or RSI crosses 70 intraday (indicating overbought). If momentum continues with strong volume, partial profit booking near ₹290–₹295 is advisable.
Positive
- ROE of 17.1% reflects efficient shareholder returns.
- Dividend yield of 3.18% supports investor confidence.
- Quarterly PAT growth (+6.83%) indicates earnings stability.
- Price trading above both 50 DMA and 200 DMA, showing bullish trend.
- Strong intraday volume, nearly double weekly average.
Limitation
- PEG ratio (6.77) indicates expensive valuation relative to growth.
- Debt-to-equity ratio (1.38) shows moderate leverage risk.
- RSI nearing overbought zone, limiting upside potential intraday.
Company Negative News
- FII holding reduced (-0.93%), showing cautious foreign sentiment.
Company Positive News
- DII holding increased (+0.86%), reflecting domestic investor confidence.
- Quarterly PAT improved from ₹3,555 Cr to ₹4,160 Cr.
Industry
- Industry P/E at 17.0, close to POWERGRID’s P/E (16.8), showing fair valuation alignment.
- Power transmission sector benefits from infrastructure expansion and energy demand growth.
Conclusion
⚡ POWERGRID is a strong candidate for intraday trading today due to bullish technicals, strong volume, and stable fundamentals. Traders should remain cautious of overbought RSI and high PEG ratio. Optimal strategy: Buy near ₹280–₹283, book profits around ₹290–₹295, and protect downside with stop-loss at ₹276.
Would you like me to also prepare a basket overlay comparison with peers like NTPC and PFC, so you can evaluate relative intraday strength across the power sector?