Power Grid Stock Jumps 5% on Strong Capex, Q3 Results, and Dividend News

• Power Grid Corporation of India Ltd. shares surged nearly 5% after an analyst meet.
• The company announced its FY26 Capex and capitalization plan is on track and likely to exceed guidance, with Capex already at ₹29,200 crore against a ₹28,000 crore target.
• Q3FY26 revenue increased to ₹12,395 crore and Profit After Tax (PAT) rose to ₹4,185 crore, showing significant improvement.
• The board approved a second interim dividend of ₹3.25 per share for FY26, with a record date of February 9, 2026, and payment by February 27, 2026.
• Strong financial performance and dividend boosted investor confidence, signaling robust long-term growth.

Why It Matters: Power Grid's stock rallied due to exceeding Capex targets, strong Q3 earnings, and a new interim dividend.