GE Vernova T&D India shares have delivered a power-packed performance over the past year, soaring 164% to emerge as the top multibagger in the BSE Power index. Riding strong summer demand, the stock continues to gain momentum, supported by better-than-expected Q4 earnings and robust fundamentals.
At Rs 4,679, GE Vernova shares have been hovering near their 52-week high of Rs 4,849 and displaying a strong uptrend following the January-March quarter earnings announcement, where the transmission & distribution major reported an 89% year-on-year jump in net profit to Rs 352 crore compared to Rs 186 crore in the same period last year. Revenue soared 42% YoY to Rs 1,640 crore, while its Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) climbed 77% to Rs 440 crore, highlighting strong operational momentum.
