Shares of GE Vernova T&D India surged nearly 25% to reach an all-time high of ₹1,980 after securing a significant order worth ₹400 crore from Sterlite Power for the Khavda project. The project includes the supply and supervision of advanced 765KV Power Transformers and Reactors.
Key Stock Highlights:
- Current Price: ₹1,971.40 (up by 1.46%)
- Day Range: ₹1,957 – ₹1,980
- 52-Week Range: ₹414.40 – ₹1,980
- All-Time Range: ₹2.20 – ₹1,980
- Year-to-Date Gain: 291.15%
- 1-Year Gain: 344.61%
About the Order:
- Client: Sterlite Power
- Scope: Supply and supervision of 765KV Power Transformers and Reactors
- Value: ₹400 crore
- Execution Timeline: 2 years
- Nature of Transaction: Domestic, with no related party involvement.
This new order win positions GE Vernova T&D India as a key player in bolstering India’s power infrastructure through its contribution to the Khavda project, a critical initiative in expanding transmission capabilities.
