POWERGRID - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 05 Nov 25, 7:43 am

Technical Rating: 3.8

📊 Technical Analysis Summary

• Trend Status: Consolidating with mild bullish bias
• Current Price: ₹288
• RSI (49.4): Neutral — no strong momentum
• MACD (1.16): Slightly positive — early bullish signal
• Volume: Below average (1.03 Cr vs 1.28 Cr) — soft participation
• DMA 50/200: Price at 50 DMA and slightly below 200 DMA — trend indecisive
• Bollinger Bands: Price near mid-band — no breakout signal

📈 Entry & Exit Zones

• Support Levels: ₹280 / ₹270 / ₹260
• Resistance Levels: ₹295 / ₹310 / ₹330
• Optimal Entry: ₹280–₹285 (on dip near support)
• Exit Target: ₹310–₹330 (if momentum improves)

✅ Positive

• MACD crossover suggests early bullish momentum
• Attractive dividend yield (3.12%) — income-generating potential
• ROE (17.1%) and ROCE (13.0%) — solid capital efficiency
• EPS of ₹16.8 and P/E (17.2) in line with industry — fair valuation

⚠️ Limitation

• Price below 200 DMA — long-term trend not confirmed
• Volume below average — weak conviction
• High PEG ratio (6.93) — expensive relative to growth

📉 Company Negative News

• FII holding declined by 0.84% — foreign investor caution
• Quarterly PAT dropped from ₹4,336 Cr to ₹3,653 Cr — 7.07% decline

📈 Company Positive News

• DII holding increased by 0.84% — domestic investor confidence
• 52-week performance up 41.6% — strong long-term trend

🏢 Industry

• POWERGRID operates in power transmission — essential and regulated sector
• Industry P/E is 17.6 — POWERGRID trades near parity
• Sector benefits from infrastructure expansion and energy transition initiatives

🧾 Conclusion

• POWERGRID is currently consolidating with early signs of bullish momentum
• Entry near ₹280 may offer upside toward ₹330 if volume and sentiment improve
• Valuation and yield are attractive — suitable for medium-term accumulation