Power Grid announces ₹32,000 cr capex, shares rise 7%
after close1 source ↓written by the desknot a recommendation
- for FY26
- ₹32,000 cr
- ₹28,000 cr
Power Grid Corporation of India saw its stock surge over 7% on 02 Feb 2026, following a revised capital expenditure plan. The company now projects ₹32,000 cr for FY26, up from ₹28,000 cr, signaling strong execution visibility and positive project development outlook. This aligns with the national infrastructure investment agenda, bolstering market optimism.
Not investment advice. For informational purposes only.