Kirloskar Oil Engines shares surged nearly 36% in two sessions after securing a 192 MW data centre order from HyperNext. Brokerages remain bullish, citing capex-led growth and strong demand from AI and cloud infrastructure, although current market price has already surpassed most target valuations.
Kirloskar Oil Engines shares surged nearly 36% in two sessions after securing a 192 MW data centre order from HyperNext. Brokerages remain bullish, citing capex-led growth and strong demand from AI and cloud infrastructure, although current market price has already surpassed most target valuations.
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Shares of Kirloskar Oil Engines Ltd (KOEL) extended their spectacular rally on Tuesday, surging 13.76% to an intraday high of Rs 2,720. The stock had already gained 20% in the previous session, taking its cumulative rise to nearly 36% over the last two trading days.The sharp rally was triggered by the company's announcement of a major order from HyperNext, a next-generation digital infrastructure company focused on hyperscale-ready, AI-enabled data centre solutions. Following the development, l…
