Is Kirloskar Oil Engines stock running ahead of fundamentals after 25% jump this week?

Kirloskar Oil Engines shares surged 25% this week, hitting a 52-week high of about Rs 2,720, after winning a large order from HyperNext to supply 96 units of 2,500 KVA gensets totalling 192 MW for data centres. Brokerages called this a key breakthrough into a segment dominated by Cummins, supported by the company's focus on high-horsepower engines. Standalone FY26 revenue rose 25% to Rs 5,650 crore with EBITDA up 24% to Rs 737 crore, and the stock trades at about 53 times FY27 estimated earnings versus Cummins India's 57.5 times.