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Order win drives sharp rally in power transmission equipment stock
GE Vernova T&D India shares rallied sharply after the company secured a large transmission order from an Adani Energy Solutions unit, boosting sentiment as investors assessed order book strength and revenue visibility.
Shares of GE Vernova T&D India surged up to 11% after the company announced a major order win from an Adani Energy Solutions subsidiary. The contract strengthened its transmission equipment order book and lifted investor sentiment. Trading volumes rose sharply as the stock outperformed the broader market, with participants tracking execution timelines and potential revenue contribution from the awarded project.