⚠ Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.
POWERGRID - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.0
| Stock Code | POWERGRID | Market Cap | 2,78,135 Cr. | Current Price | 299 ₹ | High / Low | 322 ₹ |
| Stock P/E | 17.7 | Book Value | 106 ₹ | Dividend Yield | 3.02 % | ROCE | 13.0 % |
| ROE | 17.1 % | Face Value | 10.0 ₹ | DMA 50 | 288 ₹ | DMA 200 | 284 ₹ |
| Chg in FII Hold | -0.93 % | Chg in DII Hold | 0.86 % | PAT Qtr | 4,160 Cr. | PAT Prev Qtr | 3,555 Cr. |
| RSI | 55.7 | MACD | 3.83 | Volume | 88,56,782 | Avg Vol 1Wk | 1,75,43,530 |
| Low price | 250 ₹ | High price | 322 ₹ | PEG Ratio | 7.14 | Debt to equity | 1.38 |
| 52w Index | 67.7 % | Qtr Profit Var | 6.83 % | EPS | 16.9 ₹ | Industry PE | 17.9 |
📊 Technical Analysis
- Trend: The stock is trending upward, supported by strong fundamentals and technical strength.
- Moving Averages: Current price (₹299) is above both 50 DMA (₹288) and 200 DMA (₹284), confirming bullish bias.
- RSI: 55.7 — moderately strong, not overbought, suggesting room for further upside.
- MACD: 3.83 — positive crossover, indicating bullish momentum.
- Bollinger Bands: Price is near the upper band, showing strength but caution for possible pullback.
- Volume Trends: Current volume (88.5L) is lower than 1-week average (175L), suggesting reduced participation but still steady interest.
🎯 Entry & Exit Zones
- Support: ₹290 – ₹295 (near 50 DMA)
- Resistance: ₹320 – ₹322 (recent high)
- Optimal Entry: Around ₹295 – ₹300 on dips.
- Exit Zone: ₹320 – ₹322 for short-term traders.
✅ Positive
- ROE of 17.1% indicates strong shareholder returns.
- Dividend yield of 3.02% provides steady income.
- Quarterly PAT growth (₹3,555 Cr → ₹4,160 Cr) shows consistent performance.
- Stock trading above both 50 and 200 DMA, confirming bullish trend.
⚠️ Limitation
- Debt-to-equity ratio of 1.38 indicates moderate leverage.
- PEG ratio of 7.14 suggests expensive valuation relative to growth.
📉 Company Negative News
- FII holding decreased by 0.93%, showing reduced foreign investor confidence.
📈 Company Positive News
- DII holding increased by 0.86%, reflecting domestic institutional support.
- Quarterly profit growth (+6.83%) highlights operational strength.
🏭 Industry
- Industry PE is 17.9, close to PowerGrid’s 17.7, suggesting fair valuation.
- Sector benefits from government-backed infrastructure and power transmission projects.
🔎 Conclusion
- PowerGrid is trending upward with strong technical support and stable fundamentals.
- Short-term traders can target ₹320 – ₹322, while long-term investors benefit from dividends and steady growth.
- Moderate leverage and high PEG ratio are risks, but overall outlook remains positive.
- Stock is in a trending phase with potential for further upside if volumes strengthen.