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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 shares hit 20% upper circuit. JM Financial sees more upside
Kirloskar Oil Engines shares surged 20% after winning a substantial order from HyperNext for 96 units of its 2,500 kVA power systems, enhancing its position in the data centre market dominated by Cummins. JM Financial and Motilal Oswal raised target prices, citing strong growth potential.
Kirloskar Oil climbs after bagging order from HyperNext
Kirloskar Oil Engines surged 16.21% to Rs 2,315.25 after the company secured a significant order from HyperNext to deploy high-capacity power systems for hyperscale data centres in India.
Kirloskar Oil Engines wins 192 MW power order for AI data centre
Kirloskar Oil Engines Limited (KOEL) has won a 192 MW power systems order from HyperNext to support a large AI-enabled data centre project in India. The deployment includes 96 units of its Optiprime Dual Core systems, which will provide backup power for hyperscale cloud and AI infrastructure. The project is aimed at building resilient, energy-efficient digital infrastructure to meet rising demand from artificial intelligence and cloud computing workloads.
KPI Green Energy incorporates WoS named KPCG One
The Company has been incorporated with the object of generating, storing, transmitting, distributing, purchasing, selling and supplying electricity and other forms of energy from conventional and renewable sources, including solar, wind, hydro, biomass and thermal energy, and of establishing, owning, developing, operating and maintaining power plants and energy storage systems, and undertaking activities incidental thereto.
NTPC installs 5 GWh battery storage at coal plants in Rs 5,000 crore push to cut renewable curtailment
NTPC is installing 5 gigawatt-hours of battery storage at its coal power plants. This initiative aims to reduce renewable energy that goes unused. The investment is around 5,000 crore rupees. These battery systems will absorb excess solar and wind power. The Central Electricity Regulatory Commission has approved a tariff structure for these projects.
Bharat Forge's KSSL Partners With US-Based AM General To Develop Next-Gen Artillery Systems
Bharat Forge's KSSL joins hands with AM General on advanced 155mm artillery platforms.
Bharat Forge arm partners US military vehicle maker AM General to offer mobile artillery systems worldwide
Kalyani Strategic Systems Ltd (KSSL), the defence subsidiary of Bharat Forge Ltd, has signed a strategic partnership agreement with US-based military vehicle manufacturer AM General at the Eurosatory defence exposition in Paris.
Jeh Aerospace signs multi-year manufacturing pact with Solestra for dedicated unit in Hyderabad
Hyderabad's Jeh Aerospace is partnering with North America's Solestra Group to establish a dedicated manufacturing center. This Global Manufacturing Center will serve as an exclusive production cell for Solestra, enhancing its capacity and cost-competitiveness. The collaboration aims to diversify global aerospace supply chains and build manufacturing strength outside traditional hubs, focusing on high-precision mechanical systems for aero-engine and aircraft applications.
Market Trading Guide: Titagarh Rail among 2 stock recommendations for Thursday
Indian equities extended their recovery amid easing US-Iran tensions and softer crude prices. Analysts recommended Titagarh Rail Systems and Engineers India, citing bullish technical patterns, strong momentum, improving volumes and favorable positioning above key moving averages for potential near-term gains.
Digital systems secure, says Axis Bank amid AI platform-driven vulnerability claims on cybersecurity
Axis Bank assures its digital systems are secure. The bank states cyber fraud largely occurs when customers are tricked by external communications, not due to weaknesses in its own cybersecurity. Officials highlighted that advanced AI models like Mythos can accelerate vulnerability discovery. Axis Bank is enhancing its response to identified weaknesses and deploying new security tools to protect customers.
TD Power Systems announces change in senior management
Consequent to the aforesaid appointment, Ramya Ramesh shall cease to hold the position of Head - IT and will continue in her existing role as Head - Sales and Project Execution (Motors).