GE Vernova T&D India hits record high on Q1 profit surge

GE Vernova T&D India

30/07/2025 05:10

** GE Vernova T&D India GETD.NS rises as much as 5% to a record high of 2,597 rupees; set to gain for second straight day

** Power co reports more than two-fold y/y jump in Q1 net profit; rev up 38.8% y/y

** Q1 order bookings at 16.2 bln rupees ($185.9 mln) vs year-ago 10.3 bln rupees

** Stock rated "buy" on avg; median PT is 2,870 rupees, per data compiled by LSEG

** YTD, GETD gains 19.2%

($1 = 87.1460 Indian rupees)

 (Reporting by Meenakshi Maidas in Bengaluru)

 ((meenakshi.maidas@thomsonreuters.com;))