GE Vernova T&D share price: Nomura sees strong HVDC pipeline, sets ₹6,000 target

The brokerage said management expects the company's total addressable market excluding HVDC to expand to $8.5 billion by calendar year 2030 from $5.2 billion in calendar year 2025. This represents a compound annual growth rate of around 10%, driven by investments in grid modernisation, renewable energy and artificial intelligence data centres.