GE Vernova T&D shares suddenly became rocket, know the connection worth crores with Adani Group

By Samira Vishwas On Dec 23, 2025

GE Vernova T&D Share: A tremendous jump was seen in the shares of power and transmission sector company GE Vernova T&D India. The company’s shares rose by 11 percent during trading. This rise came after the news of the company getting a big order from an Adani Group company.

During trading, shares of GE Vernova T&D India reached an intraday high of Rs 3,251.80. However, later profit booking was seen and the shares closed at Rs 3,060.10 with a gain of about 5 percent.

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GE Vernova T&D Share

GE Vernova T&D India informed the stock exchanges on Saturday, December 20 that it has received a major project contract from AESL Projects, a subsidiary of Adani Energy Solutions Limited.

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Under this contract, GE Vernova T&D India has been given the responsibility of design and installation of 2,500 MW, ±500 KV High Voltage Direct Current (HVDC) VSC Terminal Station (2×1250 MW).

This project is for transmission or evacuation of renewable power from Khavda (KPS-3) in Gujarat to South Olpad. The company said that this project will be completed in several years. However, the official value of the order has not been disclosed in the exchange filing. But many brokerage firms have given its estimated value.

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What do brokerage firms say?

Brokerage houses have made different estimates regarding the order value. MK Global Financial Services believes that the total value of this project can be between Rs 7,500 to 8,000 crore, which will be completed in the next 4 to 5 years.

MK also informed that the company had recently received a big order worth Rs 1,230 crore from Power Grid Corporation. This order is related to the renovation of Chandrapur HVDC back-to-back link (2×500 MW).

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According to the brokerage, these new orders further strengthen the company’s existing strong order book of Rs 13,100 crore. This improves the long-term revenue visibility of the company. Apart from this, GE Vernova T&D India has also announced a capex of about Rs 1,000 crore, which includes new investment of Rs 800 crore.

MK Global has maintained its ‘buy’ rating on GE Vernova T&D India shares and has set its target price at Rs 3,350. That means a further rise of up to 14 percent is possible from Friday’s closing price.

Brokerage Prabhas Liladhar estimates that the total value of this project can be up to Rs 12,000 crore. The brokerage says that this order will further strengthen GE Vernova’s strong hold in HVDC–VSC technology. This will improve the competitive position of the company in the upcoming HVDC tenders.

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Prabhas Lilladher also said that the next phase of HVDC projects could move towards Line Commutated Converter (LCC) technology. In such a situation, there will be order opportunities for Hitachi Energy India and GE Vernova.

Whereas the opportunities for Siemens Energy may be less. Shares of Siemens Energy India fell by about 5 percent and closed at Rs 2,619 per share. On December 22 also, a decline of about 5 percent was recorded in the shares of Siemens Energy.

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GE Vernova T&D Stock Performance

Shares of GE Vernova T&D India have performed well in recent months. The stock has risen about 1.5 percent in the last 5 days. In the last one month it has increased by about 7 percent.

The stock has given a return of about 32 percent in the last six months. At the same time, till now in the year 2025, this stock has given a return of more than 49 percent. At present the P/E ratio of the company is around 98 and its market capitalization is around Rs 78,352.80 crore.