GE Vernova T&D India Ltd. has secured a Rs 500-crore order from Power Grid for the supply and installation of transformers and reactors under a bulk procurement deal, according to an exchange filing on Tuesday.
Share of GE Vernova rose as much as 5% during the day to Rs 1,377.40 apiece on the National Stock Exchange. It closed 3.74% higher at Rs 1,360.90 per share, compared to a 0.17% decline in the benchmark Nifty. The share price has advanced 45.45% in the last 12 months.
Five out of the six analysts tracking the company have a 'buy' rating on the stock and one suggests 'hold', according to Bloomberg data. The average of 12-month analysts' price targets implies a potential upside of 49.7%.
WRITTEN BY
ADVERTISEMENT
RECOMMENDED FOR YOU
Power Grid Shares Is Still A 'Buy' For Motilal Oswal Despite Muted Q1 Performance — Check Target Price
Aug 05, 2025
Power Grid Q1 Results: Profit Falls Nearly 3%; Receives Nod To Raise Up To Rs 30,000 Crore Via Bonds
Jul 30, 2025
Power Grid Corporation Q1 Results On July 30 — Check Key Details Here
Jul 29, 2025
India Moves To Shield Power Grids From Solar Equipment Malware
Jul 24, 2025
POPULAR
1
Gold, Silver Prices Dip Lower — Check Rates In Delhi, Mumbai, Chennai And Other Cities
2
SpaceX’s Expensive Starship Explosions Are Starting To Add Up
3
Stock Market LIVE: GIFT Nifty Hints At Tepid Opening; Godrej Properties, RailTel, Insurance Stocks In Focus
4
Nifty Trails Global Peers Amid FII Outflows And Trade Tensions
5