Power Grid Corporation of India declares interim dividend of ₹3 per share
Power Grid Corporation of India (POWERGRID) said its board has declared a interim dividend of ₹3 per equity share. The company is valued at about ₹2.46 lakh crore.
What happened
Power Grid Corporation of India (POWERGRID) told the exchanges on 1 November 2026 at 08:49 PM that its board has declared a interim dividend of ₹3 per equity share.
From the filing: "Payment of 1 st (first) Interim Dividend of Rs. 3 .00 / - per equity share of Rs. 10/ - each (@ 30 % of the paid - up equity share capital) for the Financial Year 202 6 - 27 ."
How big is it?
At the latest price of ₹265, the ₹3 payout amounts to 1.13% of the share price.
Company snapshot
Power Grid Corporation of India is a large-cap company in the Power sector, with a market value of about ₹2.46 lakh crore.
The stock last traded at ₹265, against a 52-week range of ₹242.3–₹325 (18.4% below the high).
Before this filing the shares had moved +1.3% over the month and −6.8% over three months. Average daily turnover over the last 20 sessions was about ₹242 crore.
Promoters held 51.34% at the end of Q1 FY27. Foreign institutions owned 24.33% and domestic institutions 20.70%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 11,196 | 3,630.6 | 3.9 |
| Q2 FY26 | 11,476 | 3,566.1 | 3.84 |
| Q3 FY26 | 12,395 | 4,185 | 4.5 |
| Q4 FY26 | 11,666 | 4,546.3 | 4.89 |
| Q1 FY27 | 11,497 | 3,598.4 | 3.87 |
What history shows
BCEIE's records show 2 previous dividend filings from the company since May 2026.
Across 13 similar disclosures by other Power companies, shares moved −0.9% on average the next day and −4.1% over five days; 31% of them rose the next day.
Market-wide, 933 dividend filings with an impact score of 50 or more saw an average next-day move of +0.0%, with 43% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- 1 November 2026: Board meeting — Financial Results/Dividend.
- 6 November 2026: Interim Dividend.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.