GE Vernova T&D India Ltd soars 2.63%

GE Vernova T&D India Ltd is up for a third straight session in a row. The stock is quoting at Rs 4084.8, up 2.63% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.19% on the day, quoting at 22705.75. The Sensex is at 73291.61, down 0.42%. GE Vernova T&D India Ltd has dropped around 1.1% in last one month.

Meanwhile, Nifty Energy index of which GE Vernova T&D India Ltd is a constituent, has dropped around 4% in last one month and is currently quoting at 35261.85, down 0.6% on the day. The volume in the stock stood at 4.49 lakh shares today, compared to the daily average of 7.48 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 4116.4, up 2.71% on the day. GE Vernova T&D India Ltd is up 33.21% in last one year as compared to a 12.85% drop in NIFTY and a 3.57% drop in the Nifty Energy index.

The PE of the stock is 75.65 based on TTM earnings ending June 26.

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