GE T&D India hit an upper circuit of 5% at Rs 1648.90 after the company’s standalone net profit surged to Rs 134.54 crore during the quarter as compared with Rs 28.24 crore posted in corresponding quarter last year.

GE T&D India hits the roof after reporting multi-fold PAT in Q1 FY25

GE T&D India on Wednesday reported a multi-fold rise in its net profit to Rs 134.5 crore during the June 2024 quarter, mainly on account of higher income.

GE T&D India net profit grows to Rs 134.5 cr in June qtr

GE T&D India standalone net profit rises 376.42% in the June 2024 quarter

Upcoming results : Adani Power, Ambuja Cement, Asahi India Glass, Aster DM Healthcare, Bank of Baroda, BHEL, Birlasoft, Coal India, Crompton Greaves Consumer Electricals, Electrosteel Castings, Elgi Equipments, Five-star Business Finance, GE T&D India, Godrej Properties, Greenply Industries, HeidelbergCement, JBM Auto, JK Lakshmi Cement, KPR Mills, Lakshmi Machine Works, Mahindra and Mahindra, Mankind Pharma, Marut

Stock Alert: GAIL, Tata Consumer Products, Torrent Power, Macrotech Developers, Indus Towers, Zaggle Prepaid

GE T&D India added 2.92% to Rs 1,720 after the company has secured orders from Power Grid Corporation of India (PGCIL) to maintain SCADA/EMS control centers.

GE T&D India hits life high after bagging order from Power Grid Corp

The company has secured an order worth 26 million euros from Dubai-based Grid Solutions Middle East FZE

GE T&D India hits 52-week high on securing orders worth 90 million euros

The order will be executed in two years, according to an exchange filing.

GE T&D Secures 64-Million Euro Order From France’s Grid Solutions

Exports revenue grew strongly by 42.3% YoY to Rs 2.8 billion

GE T&D India Q4 Results Review - Strong Quarter; Domestic Outlook Remains Robust: Prabhudas Lilladher

Prabhudas Lilladher recommended hold rating on GE TandD India with a target price of Rs 367 in its research report dated November 09, 2023.

Hold GE T&D India ; target of Rs 367: Prabhudas Lilladher

We expect strong order pipeline, pickup in order inflows and execution ramp up, to benefit GE T&D India in the long run.

GE T&D India Q1 Results Review - Healthy All-Round Beat; Demanding Valuations: Yes Securities

GE T&D India has got shareholders’ approval through a postal ballot notice to appoint Sandeep Zanzaria as Managing Director and Chief Executive Officer of the company.

GE T&D India gets shareholders’ nod to appoint Sandeep Zandaria as MD, CEO

The creamy layer - amongst the top performing stocks

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

GE T&D India Limited, formerly ALSTOM T&D India Limited, is engaged in offering switchgear of all types, control panels, power transformers, electrical substation projects and services.