Power Grid shares rise 5% on increased FY26 capex guidance
after close1 source ↓written by the desknot a recommendation
- on 2 Feb
- 5%
- projected to exceed
- ₹29,200 cr
- previous guidance
- ₹28,000 cr
- reported so far
- ₹18,700 cr
- a target
- ₹20,000 cr
Shares of Power Grid Corporation of India rose 5% on 2 Feb after the company updated its capex guidance during an analyst meet. The FY26 capex is now projected to exceed ₹29,200 cr, surpassing the previous guidance of ₹28,000 cr. Capitalisation is also on track, with ₹18,700 cr reported so far against a target of ₹20,000 cr.
Not investment advice. For informational purposes only.