PowerGrid Corp’sshares gained 13% over the last four sessions, as investors cheered a ramp-up in project execution during the December quarter (Q3FY26) and an upward revision in capital expenditure (capex) and capitalization targets. - Ashish Agrawal feedback@livemint.comIn Q3, project capitalization jumped to ₹9,023 crore from ₹3,900 crore in the first half of FY26. According to PL Capital, Power Grid’s Q3 capitalization was 80-90% higher than expected. Consolidated Ebitda, adjusted for prior-period income, rose about 6% on-year to ₹10,100 crore in Q3. Adjusted revenue rose nearly 6% to ₹11,900 crore, but cost growth was contained.

Source: Mint February 05, 2026 04:00 UTC