GE Vernova T&D is trading 4.2% up at INR 4,377.50 as the stock rebounds from last week's pullback, supported by sustained optimism regarding India's power transmission capex cycle.

  • Sentiment remains bolstered by strong Q4 results reported in May and ongoing bullish broker commentary regarding grid-equipment suppliers.
  • The steady recovery comes despite a lack of fresh company-specific announcements today, as investors focus on the long-term growth of the transmission sector.