JM Financial says India’s AI data centre expansion could create a sizeable opportunity for electrical equipment makers such as ABB, Siemens, Honeywell, Cummins and Kirloskar Oil Engines as investment in new facilities gathers pace.
Shares of Diamond Power Infrastructure Ltd ended at ₹226.00, down by ₹0.35, or 0.15%, on the BSE.
Adani Enterprises will acquire the remaining 44.6% stake in Flight Simulation Solutions, giving it full ownership of the flight training and simulation business through its defence subsidiary.
WeWork India narrowed its quarterly loss to ₹4.3 crore as strong demand for flexible workspaces lifted revenue by 28% and boosted operating profit.
5paisa Capital continued investing in AI, technology and customer experience during the June quarter, reporting stronger revenue growth but only a marginal increase in profit.
Indian investors will track Reliance Industries’ first quarter results, crude oil prices and geopolitical developments on Friday as renewed US-Iran military tensions raise concerns over potential supply disruptions through the Strait of Hormuz. Iran’s warning that it would “crush” key…
The company will design, install and maintain 900 kW of hybrid solar rooftop systems with battery storage under a rural electrification project in Uttar Pradesh.
Shares of Jindal Photo Ltd ended at ₹1,130.45, down by ₹28.30, or 2.44%, on the BSE.
Domestic institutional investors (DIIs) extended their buying streak to seven consecutive sessions on July 16, offsetting another bout of foreign selling, although benchmark indices ended largely flat as weakness in financials capped gains.
The brokerage expects Siemens Energy India to ride India’s growing power infrastructure spending, driven by opportunities in transmission projects, exports and high-voltage grid systems.