Power Grid Corporation Faces Significant Stock Decline Amid Broader Market Weakness

Jan 27 2025 11:00 AM IST
share
Share Via
Power Grid Corporation of India has seen a significant decline in its stock price, underperforming compared to the broader sector. Currently trading below all major moving averages, the stock has dropped over the past month, while maintaining a high dividend yield that may attract income-focused investors.
Power Grid Corporation of India has experienced a notable decline today, with its stock price falling by 3.52% as of January 27, 2025. This performance marks a significant underperformance compared to the broader sector, which has seen a decrease of 2.67%. The stock reached an intraday low of Rs 286.4, reflecting a drop of 3.16% during the trading session.

In terms of moving averages, Power Grid Corporation is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in the short to medium term. Over the past month, the stock has declined by 7.82%, while the Sensex has decreased by 4.12%, further highlighting the stock's relative weakness.

Despite the current challenges, Power Grid Corporation maintains a high dividend yield of 3.96%, which may appeal to income-focused investors. As the company navigates these market conditions, its performance metrics will be closely monitored by market participants.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News