Power Grid InvIT nears breakout; analyst eyes ₹100 target
Power Grid InvIT is flashing early reversal signs after a prolonged downtrend. Analyst Rajneesh Sharma said a breakout above ₹91 could lead to ₹100.50. Strong FY25 results, rising cash flows, and a ₹12/unit yield support fundamentals. But risks like FY28-30 projected revenue dip and resistance near ₹91 remain.