05 Mar 2025

GE Vernova T&D India Shares Rise; Secures Rs. 500 Crore Order from Power Grid

GE Vernova T&D India is trading at Rs. 1403.55, marking an increase of 43.55 points or 3.20% from its previous close of Rs. 1360.00 on the BSE.

The stock opened at Rs. 1396.95 and recorded a high of Rs. 1415.00 and a low of Rs. 1370.90 during the session. A total of 1901 shares have been traded so far.

The BSE Group 'B' stock, with a face value of Rs. 2, reached a 52-week high of Rs. 2215.70 on 23-Dec-2024 and a 52-week low of Rs. 801.00 on 20-Mar-2024. Over the past week, the stock traded between Rs. 1467.95 (high) and Rs. 1273.55 (low). The company's current market capitalization stands at Rs. 35,283.21 crore.

The promoter holding in GE Vernova T&D India is 51.00%, while institutional and non-institutional investors hold 40.44% and 8.56%, respectively.

The company has secured an order from Power Grid Corporation of India for bulk procurement of 765kV class transformers and reactors of various capacities. The three orders, valued at approximately Rs. 500 crore, are to be executed within 36 months.

GE Vernova T&D India, formerly known as GE T&D India, is a key player in the energy sector, specializing in engineering, manufacturing, project management, and power transmission solutions.