The GE Vernova T&D share price caught the market’s attention today. The stock moved sharply higher as news of a large project win filtered into Dalal Street. In a market that has been selective, this update stood out and quickly reflected in price action.
For investors tracking the stock market today, GE Vernova T&D became one of the most actively discussed counters, driven purely by a fresh order announcement—no projections, no forecasts, just hard news.
Market Performance: GE Vernova T&D Share Price in Focus
GE Vernova T&D India shares jumped as much as 11% during the session on December 22, hitting an intraday high of ₹3,251.80.
As the day progressed, some gains were pared. Still, the stock managed to close around 5% higher at ₹3,060.10, comfortably above the previous close.
The sharp move reflected how strongly the market reacted to the order win, especially at a time when broader indices were trading with mixed cues.
Main News: Large Order from Adani Energy Solutions Arm
The trigger for the rally was a disclosure made by the company through an exchange filing dated December 20.
GE Vernova T&D India announced that AESL Projects, a subsidiary of Adani Energy Solutions, has awarded it a major contract.
Key project details:
- Project type: Design and establishment of an HVDC terminal station
- Capacity: 2,500 MW
- Configuration: ±500 kV HVDC VSC terminal station (2 x 1,250 MW)
- Purpose: Evacuation of renewable power
- Location: From KPS 3 (Khavda) to South Olpad
The company clarified that the project will be executed over multiple years. However, it did not disclose the order value or cash consideration for this contract.
That absence of numbers didn’t dilute market enthusiasm. The size and strategic nature of the project were enough to drive interest in the GE Vernova T&D share price.
Company Details: GE Vernova T&D India at a Glance
GE Vernova T&D India operates in the power transmission and distribution space, focusing on high-voltage equipment and grid infrastructure.
In the context of the stock market today, the company’s role in large-scale renewable power evacuation projects has kept it firmly on investor watchlists.
Stock snapshot:
- Market capitalisation: ₹78,352.80 crore
- P/E ratio: Around 98
These figures reflect how the market currently values the company amid strong price momentum and sectoral interest.
GE Vernova T&D Share Price: Recent Performance Trend
The stock has seen steady traction across multiple timeframes:
- Last 5 days: Up around 1.5%
- Last 1 month: Gained nearly 7%
- Last 6 months: Surged about 32%
- 2025 so far: Up more than 49%
The longer-term rally has been sharp. After touching a 52-week low of ₹1,254 in April, the stock climbed aggressively.
By November, it hit a fresh 52-week high of ₹3,323.80, marking a rise of over 165% from April levels.
This strong run explains why even incremental news continues to generate swift reactions in the GE Vernova T&D share price.
Summary: Why the Stock Reacted Sharply Today?
To sum it up, the move in the GE Vernova T&D share price today was driven by one clear factor—a confirmed large project win linked to renewable power evacuation.
There were no earnings updates, no guidance changes, and no new projections. Just a solid order announcement and a market that responded quickly.
In a stock market today environment where clarity matters, GE Vernova T&D delivered a straightforward update. And the price action followed.
Source: Moneycontrol
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