Introduction:
A leading transformer stock has secured a ₹500 crore order from Power Grid Corporation for supplying and installing 765kV transformers and reactors. The project, set for completion in 36 months, aims to enhance India’s power infrastructure and grid stability.
Share Price movement of GE Vernova T&D India:
On March 5, 2025, GE Vernova T&D India Limited opened at ₹1,392.50, reaching a high of ₹1,415.65, up 1.76% from its previous close of ₹1,360.90, and a low of ₹1,370.85. Currently, the stock is trading at ₹1,384.85, with a market cap of ₹35,458.60 crore.
GE Vernova T&D India new order:
GE Vernova T&D India Limited has secured an order from Power Grid Corporation of India Limited for the supply and installation of 765kV class transformers and reactors. This bulk procurement order, valued at approximately ₹500 crore, will be executed over 36 months.
The contract involves the domestic supply of transformers and reactors of various capacities under a bulk procurement initiative. The order aims to enhance India’s power infrastructure, ensuring efficient transmission and grid stability. The awarded contracts do not involve any related-party transactions or promoter group interests.
This order reinforces GE Vernova T&D India’s position as a key player in India’s power transmission sector. By executing these projects, the company strengthens its market presence while supporting the country’s growing energy demands through advanced electrical infrastructure solutions.
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Recent news About GE Vernova T&D India:
GE Vernova T&D India Limited has demonstrated significant financial growth, reporting a nearly threefold increase in net profit to ₹143 crore for the third quarter ending December 31, 2024, compared to ₹50 crore in the same period the previous year.
Stock performance of GE Vernova T&D India for Period of 1 week, 6 months and 1 year:
GE Vernova T&D India’s stock declined by 5.11% over the past week, reflecting short-term volatility. Over six months, it dropped 13.3%, indicating a challenging phase. However, in the past year, the stock delivered a strong 40.1% return, showcasing long-term growth despite recent fluctuations.
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Shareholding pattern of GE Vernova T&D India:
| All values in % | Dec-24 | Sep-24 | Jun-24 |
| Promoters | 51 | 59.38 | 75 |
| FII | 12.04 | 6.82 | 2.04 |
| DII | 28.4 | 25.61 | 14.96 |
| Retail & others | 8.55 | 8.19 | 8 |
About GE Vernova T&D India :
GE Vernova T&D India is a leading provider of power transmission and distribution solutions. It specializes in transformers, reactors, and grid infrastructure, supporting India’s energy sector with advanced technology to enhance efficiency, reliability, and sustainability in power transmission and distribution networks.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
