GE Vernova T&D Share Price Jumps 10% After Landing Big Adani Energy Order; Time to Buy? Check Target Price

GE Vernova T&D Share Price Today: Shares of GE Vernova T&D India Limited surged nearly 10% during Monday's trading session, days after the company received an order from Adani Energy Solutions Limited. The company has received a contract to build a terminal station at AESL's Gujarat power station.

GE Vernova T&D shares were trading 8.81% higher at Rs 3185.3 per share on BSE with a market capitalisation of Rs 81,558.5 crore at 9:33 am. The stock had touched an intraday high of Rs 3250 per share and an intraday low of Rs 3098 per share.

GE Vernova T&D Share Price Recommendation

GE Vernova T&D India Limited shares are likely to perform well due to their strong order book and execution capability. Antique Stock Broking Limited has given a 'Buy' rating for the stock with a target price of Rs 3596 per share.

"We believe that GV T&D will deliver strong earnings growth of 41% CAGR over FY25-28E supported by already strong order backlog of INR131bn. Thus, we maintain BUY rating with a TP of INR 3,596 (60x 1HFY28E EPS)," stated the brokerage in its report released on Monday, December 22.

GE Vernova T&D Bags Order From Adani Energy

GE Vernova T&D bagged a large ticket order from Adani Energy Solutions Ltd for the Khavda phase 3 project. The project, with an overall size of Rs 120 billion is expected to be completed over the next few years. The company is yet to share the exact details of the project timeline.

The project to design and establish a terminal station would help the Adani Group arm to evacuate 2.5 GW of renewable energy from Khavda to South Olpad. The company, had earlier, received an order from PGCIL for refurbishment of 2x500 MW HVDC chandrapur line which involved design, supply and refurbishment of line between the southern and northern part of India and upgrade of HVDC thyristor valves and HVDC control and protection with execution timelines of three years.

GE Vernova T&D Share Price Trend

The company's share price opened green on Monday. The stock had touched a 52-week high mark of Rs 3,323.70 per share on 3 December 2025. The stock dipped to its 52-week low mark of Rs 1,252.85 per share on 9 April, 2025. GE Vernova T&D has a return on equity of 66%. Its valuation has jumped nearly 53% since the beginning of the year 2025.

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