Kirloskar Oil Engines shares up 36% in 2 days. Should you buy or sell?

Kirloskar Oil Engines (KOEL) shares surged 36% in two days after announcing a major 192 MW order from HyperNext for AI-enabled data centre power solutions, comprising 96 units of its 2,500 kVA Optiprime Dual Core systems. Brokerages including JM Financial, Axis Capital, and Motilal Oswal reiterated Buy ratings with target prices between Rs 2,300 and Rs 2,430, citing KOEL's Rs 14 billion capex plan for Kagal facility expansion and expected revenue of Rs 5-6 billion at peak utilisation. The stock has rallied around 85% in three months and about 182% over the past 12 months, with a market capitalisation of approximately Rs 34,737 crore.