GE Vernova T&D India Ltd

GE Vernova T&D India Ltd gained for a fifth straight session today. The stock is quoting at Rs 1446.85, up 1.64% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.16% on the day, quoting at 22587.95. The Sensex is at 74471.87, up 0.19%. GE Vernova T&D India Ltd has dropped around 10.06% in last one month. Meanwhile, Nifty Energy index of which GE Vernova T&D India Ltd is a constituent, has dropped around 0.61% in last one month and is currently quoting at 31788.45, down 0.51% on the day. The volume in the stock stood at 2.36 lakh shares today, compared to the daily average of 5.33 lakh shares in last one month.The PE of the stock is 74.97 based on TTM earnings ending December 24.Powered by Capital Market - Live

Shares of Power Grid Corporation of India gained 3.76% to Rs 263.60 on the BSE. The project involves the bulk procurement of 765kV class transformers and reactors of various capacities, to be executed within 36 months. GE Vernova T&D India is a leading player in the power transmission and distribution business. The company provides a versatile and robust range of solutions for connecting and evacuating power from generation sources to the grid, offering utilities the tools needed to swiftly meet increasing demand. It offers products ranging from medium voltage to ultra-high voltage (1200 kV) for the power generation, transmission, and distribution industries. The Power Grid Corporation of India has been established by the Government of India (GoI) as the central transmission utility of India. The firm is a Maharatna' company under the Ministry of Power, GoI. As of 31 December 2024, the Government of India owned a 51.34% stake in the company.Powered by Capital Market - Live

GE Vernova T&D India has received an order worth Rs 500 crore from Power Grid Corporation of India for supply and installation of 765kV class transformers & reactors. Powered by Capital Market - Live

Net profit of GE Vernova T&D India rose 189.12% to Rs 142.68 crore in the quarter ended December 2024 as against Rs 49.35 crore during the previous quarter ended December 2023. Sales rose 27.97% to Rs 1073.65 crore in the quarter ended December 2024 as against Rs 838.98 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales1073.65838.98 28 OPM %16.7411.51 - PBDT201.6085.34 136 PBT189.8972.96 160 NP142.6849.35 189 Powered by Capital Market - Live

GE Vernova T&D India Ltd gained for a third straight session today. The stock is quoting at Rs 1734.9, up 1.44% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.41% on the day, quoting at 23600.05. The Sensex is at 77920.62, down 0.45%. GE Vernova T&D India Ltd has slipped around 13.44% in last one month. Meanwhile, Nifty Energy index of which GE Vernova T&D India Ltd is a constituent, has slipped around 6.02% in last one month and is currently quoting at 33345.45, down 0.9% on the day. The volume in the stock stood at 3.64 lakh shares today, compared to the daily average of 4.22 lakh shares in last one month.The PE of the stock is 111.34 based on TTM earnings ending September 24.Powered by Capital Market - Live

GE Vernova T&D India Ltd is up for a third straight session today. The stock is quoting at Rs 1779.05, up 3.8% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.94% on the day, quoting at 23468.7. The Sensex is at 77348.06, up 0.77%. GE Vernova T&D India Ltd has slipped around 13.17% in last one month. Meanwhile, Nifty Energy index of which GE Vernova T&D India Ltd is a constituent, has slipped around 4.73% in last one month and is currently quoting at 33026.05, up 2.21% on the day. The volume in the stock stood at 93964 shares today, compared to the daily average of 4.2 lakh shares in last one month.The PE of the stock is 111.18 based on TTM earnings ending September 24.Powered by Capital Market - Live

GE Vernova T&D india will hold a meeting of the Board of Directors of the Company on 5 February 2025.Powered by Capital Market - Live

The order is for the supply and supervision of HV equipment for a TBCB project. This domestic order is scheduled for completion within two years. GE Vernova T&D India is a leading player in the power transmission and distribution business. The company provides a versatile and robust range of solutions for connecting and evacuating power from generation sources onto the grid, providing utilities with the tools needed to support the increase in demand swiftly. It offers products ranging from medium voltage to ultra-high voltage (1200 kV) for power generation, transmission, and distribution industries. The company's standalone net profit surged 289.08% to Rs 144.62 crore on a 58.76% jump in revenue from operations to Rs 1,107.77 crore in Q2 FY25 over Q2 FY24. Powered by Capital Market - Live

GE Vernova T&D India has received an order from Sterlite Grid 32 for supply and supervision of HV Equipment for TBCB Project for more than Rs 400 crore. Powered by Capital Market - Live

The key equity indices traded with small gains in the morning trade. The Nifty traded above the 24,600 level. IT shares extended gains for the second consecutive trading session. At 10:26 IST, the barometer index, the S&P BSE Sensex, advanced 92.57 points or 0.11% to 81,601.03. The Nifty 50 index added 26.80 points or 0.11% to 24,645.80. In the broader market, the S&P BSE Mid-Cap index rose 0.10% and the S&P BSE Small-Cap index added 0.05%. The market breadth was positive. On the BSE, 1,989 shares rose and 1,635 shares fell. A total of 178 shares were unchanged. Buzzing Index: The Nifty IT index advanced 1.14% to 45,342.75. The index rallied 1.14% in two consecutive trading sessions. Infosys (up 1.89%), LTIMindtree (up 1.66%), Mphasis (up 1.3%), Wipro (up 1.28%), HCL Technologies (up 1.2%), Tata Consultancy Services (up 0.71%), Persistent Systems (up 0.33%), L&T Technology Services (up 0.32%), Coforge (up 0.02%) advanced. On the other hand, Tech Mahindra (down 0.64%) edged lower. Stocks in Spotlight: GE Vernova T&D India rose 0.42%. The company announced that it has received an order worth Rs 400 crore from Sterlite Power for supply of power transformer. Datamatics Global Services (DGSL) added 0.81%. The company said that its material subsidiary, Lumina Datamatics has signed a definitive agreement to acquire a controlling stake in TNQTech, a Chennai-based publishing technology and services company. Bharat Electronics (BEL) rose 0.08%. The company announced that it has received additional orders worth Rs 634 crore since the last disclosure on 8 November, 2024.Powered by Capital Market - Live