Jefferies has initiated coverage on GE Vernova T&D India with a Hold rating and a target price of ₹6,000, citing limited upside despite strong sector tailwinds. The brokerage remains bullish on Hitachi Energy India and Siemens Energy India, reiterating Buy ratings with target prices of ₹43,145 and ₹4,500, respectively.
Jefferies has initiated coverage on GE Vernova T&D India with a 'Hold' rating and a target price of ₹6,000, citing limited upside potential. However, the brokerage maintains a bullish outlook on two other power transmission stocks. They reiterated 'Buy' ratings for Hitachi…
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