Power equipment maker GE Vernova raised its full-year free cash flow forecast and beat Wall Street estimates for second-quarter profit on Wednesday, sending its shares up more than 13% to an all-time high.

GE Vernova Inc (NYSE: GEV) reported better-than-expected Q2 earnings amid exciting earnings season. Analysts see strong sales and margin momentum.

Power equipment maker GE Vernova will buy France-based Alteia, which makes artificial intelligence-based tools that allow utility companies to review their grids, it said on Monday.

Major U.S. equities advanced Wednesday afternoon following a trade agreement between the U.S. and Japan, and solid corporate earnings.

With the stock currently trading at Rs 2,465.80, GE Vernova TD India's performance reflects its position within the Nifty Midcap 150 index.

GE Vernova stock price surged to a record high after the company published strong financial results and forward guidance.