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

BENGALURU (Reuters) - GE T&D India Ltd, which manufactures power transmission and distribution equipment, reported a narrower fourth-quarter loss on Tuesday, as the company kept a tight lid on expenses.

GE T&D India Q4 loss narrows on lower costs

Sandeep Zanzaria succeeds Pitamber Shivnani, who retired from the post of Managing Director and CEO on December 31, 2022

Sandeep Zanzaria appointed managing director of GE T&D India

Order inflows in Q3 FY23 at Rs 7.8 billion grew by 53% YoY.

GE T&D India Q3 Results Review - Healthy Margin Expansion: Yes Securities

GE T&D India Standalone December 2022 Net Sales at Rs 776.60 crore, down 15.04% Y-o-Y

Broker’s Call: GE T&D India (Buy)

GE T&D India reports standalone net profit of Rs 6.36 crore in the June 2022 quarter

GE T&D India Q4 Review - Disappointing Quarter: Yes Securities

GE T&D India reports Rs 22 cr loss in March quarter

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Average profitability - not good, not bad

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.

Ge T&D India Ltd