Power Transmission and Distribution Company Bags Order Worth 64 million Euros: Stock Gains Over 670 per cent in Just 1 Year Rakesh Deshmukh / 4-Jul, 2024 / Categories: Trending, Mindshare, Multibaggers The company’s shares have delivered an impressive return of over 180 per cent in the past 6 months only. GE T&D India Limited is the listed entity of GE’s Grid Solutions business in India. It has been in the power transmission and distribution business for more than 100 years and provides a versatile range of solutions for connecting power generation sources to the grid and evacuating power from them. GE T&D India Limited has been awarded an order from Grid Solutions SAS, France, for the supply and supervision of high-voltage products. The contract is scheduled to be executed over a period of 2 years, with a significant value of 64 million Euros. GE T&D India Limited shares closed the day at Rs 1690.15 per share. The company’s current market capitalization stands at Rs 43275.71 crore. The stock has delivered a return of over 665 per cent in just 1 year. As per the Quarterly Results, in the fourth quarter of FY24, GE T&D India Limited recorded a revenue of Rs 914 crore. The operating profit for Q4 FY24 stood at Rs 111 crore. The net profit for Q4 FY24 was Rs 66 crore. Looking at the annual performance, the company generated a revenue of Rs 3168 crore in FY24, compared to Rs 2773 crore in FY23. The operating profit for FY24 was Rs 319 crore, with a net profit of Rs 181 crore. Investors must keep this Small-Cap stock on their radar. Disclaimer: The article is for informational purposes only and not investment advice. DSIJ's ‘Penny Pick’ service provides research-backed penny stock recommendations below Rs. 100. If this interests you, do download the service details here. Rate this article: 3.9 Tags: stocks to watchcompanies bags order todayGE T&D India Ltdmultibagger power stocks Related articles Rs 1,97,067 million Order Book & FIIs Increased Stake: This Multibagger Infra Company Bags Order Worth Rs 572 Crore, Stock Rallies and Hits 52-Week High Today! Under Rs 100: Small-Cap Company Secures Order Worth Rs 25,65,58,461; Stock Surges Over 15 per cent, Hits 52-Week High Promoters & FIIs Increased Stake: This Small Cap Company Bags Order Rs 60,00,00,000 from Bin Awadh Alnaqeeb Group in Yemen! Rs 27,208 Crore Order Book: This Railway Infra Company Bags Order Worth Rs 750 Crore from Rail Vikas Nigam; Stock Gains Over 240 per cent in Just 1 Year! Under Rs 100: This Microcap Multibagger Construction Company Bags Order Worth Rs 42,32,76,000; Stock Hits Upper Circuit Today! Ashish Kacholia & Mukul Agrawal Backed Multibagger Company Bags Order Worth Rs 2,96,00,000 from Radiance Realty Group; Must Watch! President of India's Portfolio Navratna Company Secures Order Worth Rs 36,00,00,000 from NIT Patna: Stock Gains Over 360 per cent in Just 1 Year LIC Increases Stake by Purchasing 18,60,34,900 Shares of This Private Sector Bank; Do You Own It? 1:2 Stock Split: This Small-Cap Engineering Company Announces Record Date for Subdivision of Shares: Complete Details Inside Rs 4,700 Crore Order Book: This PSU Miniratna Railway Company Bags Order Worth Rs 23,96,16,993: Stock Gains Over 280 per cent in Just 1 Year Rs 227 Crore Order Book: Multibagger Engineering Company Secures Orders Worth Rs 10,26,00,000; Stock Gains Over 250 per cent in Just 1 Year! 5:1 Stock Split: 3 Promoters Purchased Shares Worth Rs 95 Lakh; Stock Hits Back-to-Back Upper Circuit for 4 Days! From Rs 0.54 Crore Profit to Rs 6.11 Crore: Micro Cap Company Secures Order Worth Rs 44,56,035.21 – Complete Details Inside Sensex hit 80,000 mark & Shares below Rs 100: Only buyers were seen in these stocks on July 03 Mukul Agrawal Gains Over 13 Crore in Just 1 Hour of Today’s Trading Session; Do You Own This Stock in Your Portfolio? Shares below Rs 100: Only buyers were seen in these stocks on July 02 Shares below Rs 100: Only buyers were seen in these stocks on July 01 6-Month Multibaggers: Penny Stocks Under Rs 10 to Watch Now Keep these 20 stocks under watchlist ranging from Rs 3.27 to Rs 62,500 per share that gave multibagger returns in just 1 month; Do you own any? Shares below Rs 100: Only buyers were seen in these stocks on June 28 Comments are only visible to subscribers.