JPMorgan rates Power Grid Corp Overweight with Rs 319 target citing improved execution.
Strong RoE and defensive model noted, but FY26 guidance upgrade remains modest with no major FY27–28 changes.
Livesquawk •
Elara Capital gives Buy on Power Grid with Rs 360 target, citing FY26 capex of Rs 350bn.
Strong Rs 15tn project pipeline, Rs 1.5tn order book and Rs 490bn CWIP boost growth visibility.