GE Vernova T&D Shares Soar 9% on Best Quarterly Results in 5 Quarters

• GE Vernova T&D India shares surged 9% after strong December quarter results, exceeding market expectations.
• The company achieved its highest revenue growth in the December quarter over the last five quarters, driven by swift execution and margin expansion.
• Export orders increased by 32% year-on-year, accounting for 14% of total order inflow in the December quarter.
• Management raised FY26 margin guidance from "mid-20s" to "high-20s" and expects the South Olpad HVDC Project to be booked in the current quarter.
• Nomura maintained a 'Buy' rating with a target price of Rs 4,000, citing an all-round performance and increased margin guidance.

Why It Matters: GE Vernova T&D India's shares jumped on robust quarterly results and optimistic future guidance.