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POWERGRID Power Grid Corporation of India Ltd. — Smart-Money Activity, F&O Buildup & Bulk Deals

Sector: Power · Nifty 50 Weight: 1.23%
₹ 290.30
+1.63%

Smart Money Verdict synthesis of derivatives, deals, and promoter files

Derivatives signal Short Covering
Price rose (+1.2%) on short-covering (OI down -2.6%), suggesting a temporary relief bounce rather than new buyers.

Analysis what the data is telling us about POWERGRID

In the last completed session, Power Grid Corporation of India Ltd. closed +1.18% with futures open interest moving -2.6%. That combination — price rising while OI shrinks — is classified as Short Covering. It typically reflects existing short sellers closing positions, not fresh buying. Short-covering rallies can be sharp but tend to fade without follow-through demand. The stock's option PCR sits at 0.49, indicating heavy call-side writing — option dealers see resistance overhead. Max-pain strike at ₹295 sits 1.6% above the current price, a mild magnet near expiry.

There have been no notable bulk or block deals from FIIs, mutual funds, or insurance companies in Power Grid Corporation of India Ltd. over the last 30 sessions.

Putting it together, the smart-money picture for Power Grid Corporation of India Ltd. points to a supportive setup at the next open.

F&O Positioning EOD derivatives setup

Buildup Class
Short Covering
bias: bullish
Futures OI
82,889,400
-2205900 (-2.6%)
Option PCR (OI)
0.49
heavy call writing
Max Pain Strike
₹ 295
writer loss minimized strike

Quote Details key metrics & weights

Previous Close
₹ 285.65
yesterday's EOD close
Index Contribution
+0.020 pp
contribution to Nifty
Traded Volume
8,748,933
live shares traded today
Upcoming Earnings
no report scheduled

Technical Snapshot from 400 sessions of price history

RSI (14)
42.1
neutral momentum
52-Week High
₹ 324.95
-10.7% from high
52-Week Low
₹ 250.00
+16.1% above low
200-DMA
₹ 286.13
+1.5% · above trend
50-DMA
₹ 303.60
-4.4% from 50-DMA
1-Year Return
+0.7%
1M -7.5%

Key Fundamentals headline ratios · Utilities

P/E (TTM)
14.4
price / earnings
P/B
2.7
price / book
ROE
16.5%
return on equity
Market Cap
₹ 269,997 Cr
total market value
Dividend Yield
4.29%
trailing yield
EPS (TTM)
₹ 20.11
earnings per share

Fundamental ratios sourced from public market data, refreshed periodically; verify against company filings before relying on them.

Institutional Deals last 30 sessions (bulk & block)

No institutional bulk or block deals recorded for this stock in the last 30 sessions.

Insider & Promoter Filings last 60 days

No insider disclosures filed for this stock in the last 60 days.

Option Chain Ladder nearest expiry 2026-06-30 · spot 290 · EOD 2026-06-08

Option writers expect range between 300 and 300+3.3% upside, +3.3% downside.
unbalanced
Call OI (writers) Strike Put OI (writers)
1,900
IV 19% Δ 0.89 θ -0.1 ν 0
275
665,000 +58k
IV 23% Δ -0.14 θ -0.1 ν 0
45,600
278
167,200 -33k
IV 22% Δ -0.18 θ -0.1 ν 0
495,900 -27k
IV 20% Δ 0.80 θ -0.1 ν 0
280
1,140,000 +106k
IV 22% Δ -0.22 θ -0.1 ν 0
267,900 -37k
IV 21% Δ 0.74 θ -0.1 ν 0
282
205,200 -19k
IV 21% Δ -0.27 θ -0.1 ν 0
562,400 -654k
IV 21% Δ 0.68 θ -0.1 ν 0
285
627,000 -31k
IV 21% Δ -0.32 θ -0.1 ν 0
178,600 -67k
IV 20% Δ 0.62 θ -0.2 ν 0
288
419,900 +49k
IV 21% Δ -0.39 θ -0.1 ν 0
1,540,900 -230k
IV 20% Δ 0.55 θ -0.2 ν 0
290
1,569,400 +58k
IV 21% Δ -0.45 θ -0.1 ν 0
889,200 +448k
IV 20% Δ 0.48 θ -0.1 ν 0
292
281,200 +57k
IV 21% Δ -0.52 θ -0.1 ν 0
2,639,100 +864k
IV 20% Δ 0.41 θ -0.1 ν 0
295 MP
912,000 -52k
IV 21% Δ -0.58 θ -0.1 ν 0
834,100 +24k
IV 20% Δ 0.35 θ -0.1 ν 0
298
478,800
IV 32% Δ -0.59 θ -0.2 ν 0
7,524,000 +49k
IV 21% Δ 0.29 θ -0.1 ν 0
300 R S
2,152,700 -31k
IV 21% Δ -0.70 θ -0.1 ν 0
566,200 -25k
IV 21% Δ 0.24 θ -0.1 ν 0
302
326,800
IV 22% Δ -0.74 θ -0.1 ν 0
1,499,100 -90k
IV 22% Δ 0.20 θ -0.1 ν 0
305
336,300
IV 36% Δ -0.68 θ -0.2 ν 0

Chain Interpretation

Spot Underlying 290.30
Key Resistance (R) 300
Key Support (S) 300
Max Pain Strike (MP) 295
Concentrations of Option open interest show strong barrier levels. Option writers defend these levels, especially heading into monthly derivatives expiry.

Strategy Builder multi-leg payoff for POWERGRID options · 2026-06-30 expiry

Underlying: POWERGRID · Spot: ₹ 290.30 · Expiry: 2026-06-30 · Lot: 1900

Legs

Side
Type
Strike
Qty
Premium
Net premium
Max profit
Max loss
Breakevens
Position Delta
Position Theta/day
Position Vega/1% IV

Payoff at expiry

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