Power Grid Corporation of India’s stock surged sharply on the NSE yesterday after the company raised its financial year 2026 capital expenditure guidance to ₹32,000 crore from the earlier estimate of ₹28,000 crore, signaling stronger execution visibility and growth prospects. This upward revision was taken positively by investors, pushing the share price up more than 7% during trading, making it one of the session’s top performers. The hike in capex reflects confidence in project delivery and an expanded pipeline of transmission work. Investors also noted a broader market rally, which helped fuel buying interest in utility stocks. Analysts believe this capex increase could support long-term earnings growth for the power transmission major. The strong performance yesterday highlighted renewed investor focus on infrastructure plays amid broader market optimism. Power Grid’s improved financial outlook comes at a time when the overall benchmark indices are rallying. The stock’s upward momentum could continue if execution remains on track and sector sentiment stays positive. Disclaimer: Investments in securities are subject to market risk. This is for educational purposes only. Investors must verify information before investing and consider their financial position & risk profile.

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