Power Grid Stock Analysis: If It Holds ₹280, Can It Reach ₹320 — And Then ₹600?Company OverviewPower Grid Corporation of India Limited (POWERGRID) is one of India’s largest electric power transmission companies and a Government of India Maharatna enterprise. It operates the majority of India’s interstate transmission network and plays a critical role in delivering electricity from generating stations to distribution companies across the country.Because of its regulated business model, stable cash flows, and consistent
đ Power Grid Stock Analysis: If It Holds ₹280, Can It Reach ₹320 — And Then ₹600? Company Overview Power Grid Corporation of India Limited (POWERGRID) is one of India’s largest electric power transmission companies and a Government of India Maharatna enterprise. It operates the majority of India’s interstate transmission network and plays a critical role in delivering electricity from generating stations to distribution companies across the country. Because of its regulated business model, stable cash flows, and consistent dividends, Power Grid is often considered a defensive PSU stock. But can it deliver strong capital appreciation if it holds key price levels like ₹280 and ₹320? This blog explores the possibility. đ Title Power Grid Above ₹280 – Technical Breakout Toward ₹320 and ₹600? A Detailed Analysis đ Meta Description If Power Grid sustains above ₹280, it may move toward ₹320. If it holds above ₹320, long-term re-rating could push it toward ₹600. Read complete te...