Whalesbook
Power Grid Corporation's core business is robust despite a recent dip in Q2 FY26 earnings caused by temporary execution and income factors. Easing land acquisition hurdles due to new government norms from March 2025 are expected to boost capitalisation from the second half of FY26. Aggressive multi-year capex plans and diversification initiatives provide strong revenue visibility, positioning the stock as a stable, low-risk defensive investment at reasonable valuations.