HighPositive
Announced Mon, 22 Jun · 09:53 IST

Multibagger stock: Kirloskar Oil Engines share price jumps 20% to 52-week high on winning order for data center infra

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AI summary

Kirloskar Oil Engines share price surged 20% to hit the upper circuit and a fresh 52-week high of around ₹2,390.80 after the company announced bagging a significant order from HyperNext for large-scale data center infrastructure. The order comprises 192 MW across 96 units of KOEL's 2500 kVA Optiprime Dual Core power systems, described as one of the largest deployments of high-capacity power systems for hyperscale data centres in India. Trading volumes spiked to around 18 lakh shares compared to the one-week average of 5 lakh shares.