GE Vernova T&D Bags 'Add' Rating As Yes Securities Initiates Coverage — Check Target Price

The brokerage highlights a 'once-in-a-half-century' opportunity in global transmission and distribution markets and a domestic electrification capex supercycle as key growth drivers for GE Vernova T&D..NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. .Yes Securities Report.Yes Securities initiates coverage on GE Vernova T&D Ltd. with a 'Add rating and a target price of Rs. 3,200, which implies potential upside of 10% from current market price of Rs 2,913 backed by- Sharp increase in energy installations to require acceleration in transmission network installations, Domestic electrification market to incur capex of $50 billion during 2025-30,Global T&D market seeing once in half a century opportunity,Current orderbook of Rs 131 billion provides revenue visibility for the next two years,Revenues to grow at >30% CAGR during FY25-28; Ebitda margins to expand further supported by better gross margins amidst higher exports as well as operating leverage..Risk to investment thesisMaterial slowdown in transmission tendering and awarding by the government.Delays in tendering of HVDC orders.Sharp increase in raw material prices.Increased competition..Click on the attachment to read the full report:.Wakefit IPO: GMP, Allotment Date, Steps To Check Status On BSE, NSE And MUFG Intime India.DISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

GE Vernova T&D Bags 'Add' Rating As Yes Securities Initiates Coverage — Check Target Price

NDTV Profit

NDTV Profit

Follow Us

DISCOVER US FASTER

DOWNLOAD THE APP