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GE Vernova turnaround has stretched the stock's valuation
Mint Mumbai
|June 13, 2025
GE Vernova T&D India Ltd stock has staged an impressive comeback.
In just two months, shares of the power transmission and distribution company have surged to around ₹2,308 from a 52-week low of ₹1,254 on 9 April.
Strong order inflows and higher-than-anticipated improvement in profitability seem to have powered this turnaround. Order inflows in the March quarter (Q4FY25) jumped 124% year-on-year to nearly ₹3,000 crore, backed by the domestic power sector. Order inflows for FY25 rose 85% on-year to ₹10,800 crore.
This story is from the June 13, 2025 edition of Mint Mumbai.
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