Kirloskar Oil Engines shares hit 20% upper circuit. JM Financial sees more upside
New Delhi, June 22 -- Shares of power-generation solutions manufacturer Kirloskar Oil Engines were locked in the 20% upper circuit in Monday's intraday session, June 22, settling at Rs.2,390 apiece after the company announced a large order win from HyperNext, one of the hyperscalers in the data centre space, for the supply of 96 units (192 MW) of its 2,500 kVA Optiprime Dual Core power systems.
The order highlights the growing traction of KOEL's high-horsepower (HHP) products in India's rapidly expanding data centre market. It comprises 192 MW and 96 units of KOEL's 2,500 kVA Optiprime Dual Core power systems, representing one of the largest deployments of high-capacity power systems for hyperscale data centres in the country.
The order...
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