Mumbai: Shares of Kirloskar Oil Engines Monday were locked in their highest tradable limit for a day after the company said it has received a significant order from data-centre infrastructure company HyperNext.Analysts said while the stock looks promising, near-term upside may be limited after its recent run-up.Kirloskar Oil Engines shares ended at ₹2,389.8 on Monday, up 20%.Other Kirloskar group stocks such as Kirloskar Electric Company, Kirloskar Brothers, Kirloskar Pneumatic Company, Kirloskar Ferrous Industries, and Kirloskar Industries were up between 2% and 15%, while the Nifty 50 and Nifty 500 climbed 0.4% and 0.5%, respectively.AgencieschArgE POINT: Stock up 20% on data centre order; mkt share to soar: analystsThe company said it has received an order for 192 megawatts (MW) from HyperNext, comprising 96 units of its power systems. This level of capacity would be enough to power more than 100,000 homes or a small town.From negligible market share in HHP (high-horsepower) in FY22, the company has near double-digit market share in FY26, said analysts at JM Financial in a report. "We expect its market share to rise rapidly with a spate of product introductions," said the report.The brokerage has upgraded the stock's rating from an 'Add' to 'Buy', and raised its 12-month target price to ₹2,430, implying a further upside of 1.7% after Monday's rally.Axis Capital also increased its price target to ₹2,300 on Friday, and retained its 'Buy' rating, with analysts saying that this deal-win validates Kirloskar Oil Engines' capabilities to deliver high capacity, mission-critical power solutions as it opens a new growth avenue in India's fast-growing data centre market.
Kirloskar Oil hits the upper circuit, but upside may be limited here on
Kirloskar Oil Engines shares surged to their daily limit following a substantial order from data-centre firm HyperNext for 192 megawatts of power systems. Analysts see this deal as a significant validation of the company's capabilities, potentially boosting its market share in high-horsepower segments. While near-term gains might be tempered by the recent rally, the stock remains a promising investment with analysts maintaining 'Buy' ratings and revised price targets.
Kirloskar Oil Engines won a 192 MW order from HyperNext, growing to double-digit market share in high-horsepower systems since FY22. Deal validates mission-critical power capabilities as India's data centre market scales with AI and cloud expansion.







