Macquarie added GE Vernova T&D India to its India Super 6s basket of top tactical investment ideas. This list targets a three-to-six-month investment horizon. The brokerage maintained an Outperform rating on the stock. It set a target price of Rs 5,470. This valuation implies a potential total shareholder return of 27%.
Macquarie forecasts revenue to compound at 28% between FY26 and FY28. The brokerage expects earnings per share to grow at a 23% compound annual rate over the same period.
The stock traded at Rs 4,195.10 by early afternoon on August 18, 2026. This represents a 2.21% decline for the day. The company recently reported significant year-over-year growth in sales and net profit for the quarter ending June 2026.