GE Vernova T&D India, a leading power transmission and distribution company, has delivered multibagger returns, surging from ₹7 to ₹1,400 per share over 21 years. Despite recent market fluctuations, the stock has generated massive long-term wealth for investors.
GE Vernova T&D India, a key player in the country’s power transmission and distribution sector, has delivered phenomenal multibagger returns over the past two decades. The stock, which was priced at ₹7 per share 21 years ago, has now skyrocketed to ₹1,400, marking a staggering 19,900% surge.
Previously known as GE T&D India Ltd, GE Vernova T&D India is a subsidiary of the global energy company GE Vernova. The company specializes in engineering, manufacturing, and supplying power transmission and distribution solutions, including transformers, switchgear, and substation automation equipment.
Stock Performance and Financial Overview
On March 5, 2025, the stock gained 2.35%, reaching ₹1,409 per share on the Bombay Stock Exchange (BSE). Over the last five years, it has delivered over 1,000% returns, gaining 43.6% in the past year alone. However, short-term performance has been underwhelming, with the stock dropping 18.5% in the last month and 31.6% year-to-date.
For Q3 FY25, GE Vernova T&D India reported a 189% year-on-year (YoY) surge in net profit, reaching ₹142.7 crore. Operational revenue climbed 27.8% to ₹1,073.7 crore, while EBITDA surged 84.1% to ₹179.7 crore. The company’s order bookings for Q3 FY25 stood at ₹2,080 crore, reflecting a 12% decline from the previous year.
Despite recent volatility, the long-term performance of GE Vernova T&D India has created immense wealth for patient investors.
