New Delhi, June 12 -- GE Vernova T&D India Ltd stock has staged an impressive comeback. In just two months, shares of the power transmission and distribution company have surged to around Rs.2,310from a 52-weeklow of Rs.1,254 on 9 April.

Strong order inflows and higher-than-anticipated improvement in profitability seem to have powered this turnaround. Order inflows in the March quarter (Q4FY25) jumped 124% year-on-year to nearly Rs.3,000 crore, backed by healthy ordering momentum in the domestic power sector. With this, order inflows for FY25 rose 85% year-on-year to Rs.10,800 crore.

The order backlog, at Rs.12,700 crore, hit a record high in FY25 and the bill-to-book ratio came in at nearly three times FY25 revenue. Of this, projects w...