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The Economic Times
The Economic Times

Jefferies initiates coverage on GE Vernova, bullish on 2 other power transmission stocks

Jefferies has initiated coverage on GE Vernova T&D with a Hold rating, while reiterating its bullish stance on Hitachi Energy India and Siemens Energy India on the back of a multi‑year upcycle in power transmission capex and outsized earnings growth visibility for the latter two names.

Jefferies’ call: Hold on GE Vernova, Buy on Hitachi and Siemens

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