POWERGRID.NS vs. RVNL.NS

Last updated Jun 5, 2026

POWERGRID.NS (Power Grid Corporation of India Limited) and RVNL.NS (Rail Vikas Nigam Limited) are both stocks. POWERGRID.NS operates in Utilities - Regulated Electric (Utilities), while RVNL.NS operates in Engineering & Construction (Industrials). Over the past 5 years, POWERGRID.NS returned 28.18%/yr vs 53.62%/yr for RVNL.NS. At a 0.22 correlation, their price movements are largely independent.

Performance

POWERGRID.NS vs. RVNL.NS - Performance Comparison

The chart below illustrates the hypothetical performance of a ₹10,000 investment in Power Grid Corporation of India Limited (POWERGRID.NS) and Rail Vikas Nigam Limited (RVNL.NS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, POWERGRID.NS achieves a 8.77% return, which is significantly higher than RVNL.NS's -33.60% return.

POWERGRID.NS

• 1D: -0.16%
• 1M: -10.91%
• YTD: 8.77%
• 6M: 6.95%
• 1Y: 5.71%
• 3Y*: 27.58%
• 5Y*: 28.18%
• 10Y*: 22.36%

RVNL.NS

• 1D: -1.07%
• 1M: -21.30%
• YTD: -33.60%
• 6M: -24.07%
• 1Y: -44.54%
• 3Y*: 27.06%
• 5Y*: 53.62%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

POWERGRID.NS vs. RVNL.NS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
POWERGRID.NS Power Grid Corporation of India Limited	8.77%	-8.09%	47.91%	59.74%	13.41%	59.04%	16.19%	-0.82%
RVNL.NS Rail Vikas Nigam Limited	-33.60%	-15.04%	133.73%	173.01%	106.86%	52.46%	9.65%	20.93%

Correlation

The correlation between POWERGRID.NS and RVNL.NS is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.27
Correlation (3Y) Calculated over the trailing 3-year period	0.28
Correlation (5Y) Calculated over the trailing 5-year period	0.22
Correlation (All Time) Calculated using the full available price history since Apr 12, 2019	0.22

Return for Risk

POWERGRID.NS vs. RVNL.NS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

POWERGRID.NS

POWERGRID.NS Risk / Return Rank: 49
POWERGRID.NS Sharpe Ratio Rank: 52
POWERGRID.NS Sortino Ratio Rank: 45
POWERGRID.NS Omega Ratio Rank: 43
POWERGRID.NS Calmar Ratio Rank: 53
POWERGRID.NS Martin Ratio Rank: 54

RVNL.NS

RVNL.NS Risk / Return Rank: 2
RVNL.NS Sharpe Ratio Rank: 1
RVNL.NS Sortino Ratio Rank: 1
RVNL.NS Omega Ratio Rank: 3
RVNL.NS Calmar Ratio Rank: 1
RVNL.NS Martin Ratio Rank: 2

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

POWERGRID.NS vs. RVNL.NS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Power Grid Corporation of India Limited (POWERGRID.NS) and Rail Vikas Nigam Limited (RVNL.NS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	POWERGRID.NS	RVNL.NS	Difference
Sharpe ratio: Return per unit of total volatility	0.28	-1.33	+1.61
Sortino ratio: Return per unit of downside risk	0.58	-2.23	+2.82
Omega ratio: Gain probability vs. loss probability	1.07	0.75	+0.32
Calmar ratio: Return relative to maximum drawdown	0.46	-0.99	+1.45
Martin ratio: Return relative to average drawdown	1.06	-1.74	+2.79
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

POWERGRID.NS vs. RVNL.NS - Sharpe Ratio Comparison

The current POWERGRID.NS Sharpe Ratio is 0.28, which is higher than the RVNL.NS Sharpe Ratio of -1.33. The chart below compares the historical Sharpe Ratios of POWERGRID.NS and RVNL.NS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	POWERGRID.NS	RVNL.NS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.28	-1.33	+1.61
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.12	1.08	+0.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.90	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.55	0.92	-0.37

Drawdowns

POWERGRID.NS vs. RVNL.NS - Drawdown Comparison

The maximum POWERGRID.NS drawdown since its inception was -63.30%, roughly equal to the maximum RVNL.NS drawdown of -62.00%. Use the drawdown chart below to compare losses from any high point for POWERGRID.NS and RVNL.NS.

Drawdown Indicators

	POWERGRID.NS	RVNL.NS	Difference
Max Drawdown Largest peak-to-trough decline	-63.30%	-62.00%	-1.30%
Max Drawdown (1Y) Largest decline over 1 year	-12.54%	-44.77%	+32.23%
Max Drawdown (3Y) Largest decline over 3 years	-29.56%	-62.00%	+32.44%
Max Drawdown (5Y) Largest decline over 5 years	-29.56%	-62.00%	+32.44%
Max Drawdown (10Y) Largest decline over 10 years	-29.56%	—	—
Current Drawdown Current decline from peak	-14.35%	-62.00%	+47.65%
Average Drawdown Average peak-to-trough decline	-15.17%	-22.41%	+7.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.42%	25.63%	-20.21%

Volatility

POWERGRID.NS vs. RVNL.NS - Volatility Comparison

The current volatility for Power Grid Corporation of India Limited (POWERGRID.NS) is 6.45%, while Rail Vikas Nigam Limited (RVNL.NS) has a volatility of 7.63%. This indicates that POWERGRID.NS experiences smaller price fluctuations and is considered to be less risky than RVNL.NS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	POWERGRID.NS	RVNL.NS	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.45%	7.63%	-1.18%
Volatility (6M) Calculated over the trailing 6-month period	15.66%	28.79%	-13.13%
Volatility (1Y) Calculated over the trailing 1-year period	20.32%	34.08%	-13.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.65%	50.58%	-24.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.47%	51.19%	-25.72%

Dividends

POWERGRID.NS vs. RVNL.NS - Dividend Comparison

POWERGRID.NS's dividend yield for the trailing twelve months is around 6.85%, more than RVNL.NS's 1.15% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
POWERGRID.NS Power Grid Corporation of India Limited	6.85%	7.37%	12.23%	5.80%	7.96%	9.13%	14.05%	7.78%	4.70%	3.86%	2.24%	2.52%
RVNL.NS Rail Vikas Nigam Limited	1.15%	0.48%	0.50%	1.17%	2.68%	4.55%	4.75%	0.40%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both POWERGRID.NS and RVNL.NS in my portfolio?

POWERGRID.NS and RVNL.NS have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.