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Broker call▲ Bullish for GE Vernova T&D India
GE Vernova T&D share price: Nomura sees strong HVDC pipeline, sets ₹6,000 target
The brief
- Nomura set a ₹6,000 target for GE Vernova T&D India
- Management sees its addressable market excluding HVDC reaching $8.5 billion by 2030, from $5.2 billion
- A larger transmission market and bullish target support GE Vernova T&D India shares
| Stock | Traded | That day | vs Nifty | Volume | Since |
|---|---|---|---|---|---|
| GVT&D | Thu, 24 Sept | −3.0% | −1.3% | 0.4× | −3.1% · Nifty −1.3% |
✗ Classifier read this as positive; GVT&D fell 1.3% against the Nifty on the day it traded.
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