POWERGRID

Power Grid reported stable Q1 FY26 performance with 8% YoY revenue growth and consistent profit margins near 32%. The company’s regulated model ensures steady returns. Upcoming green energy corridors and transmission projects will fuel long-term growth. With a dividend yield of ~5%, Power Grid remains an attractive defensive PSU stock. At ~14x FY26 EPS, valuations are reasonable for a low-risk investor.