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Growth hopes amp up GE Vernova
Mint Mumbai
|October 08, 2025
Shares of GE Vernova T&D India are on a high-voltage run, outpacing rivals and touching four new peaks over the past three weeks on optimism over stronger order inflows in the domestic business and gains in the overseas markets. On Monday, the stock hit a 52-week high at ₹3,204.90, though it fell 3.4% on Tuesday from there.
The power transmission and distribution (T&D) network equipment maker is seeing strong demand with a notable increase in renewable energy capacity addition.
In a recent interaction with Emkay Global Financial Services, the company management said the domestic market is seeing some softness in order inflow, but it is likely to pick up from the current quarter, given the strong pipeline, said analysts at Emkay. GE Vernova said it estimates domestic ‘market opportunity’ of ₹2.7 trillion over FY25-30, excluding HVDC (high voltage direct current) projects, implying about ₹45,000 crore of potential orders annually.
This story is from the October 08, 2025 edition of Mint Mumbai.
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