Power Grid shares dip on weak Q1 asset capitalisation, sparking broker worries over delayed revenue-generating project rollouts.

• Stock fell up to 1.91% amid concerns over just Rs 18B capitalised in Q1 versus Rs 90B in FY25.
• UBS and Bernstein flagged persistent delays in project timelines, likely weighing on future stock performance.
• Despite challenges, 22 analysts maintain a "buy" rating; the median price target stands at Rs 323.