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The Economic Times — Marketseconomictimes.indiatimes.com

Kirloskar Oil hits the upper circuit, but upside may be limited here on (opens original article in a new tab)

TL;DR

Kirloskar Oil Engines shares surged 20% on a data centre order, but analysts suggest limited upside after recent gains.

  • Kirloskar Oil Engines shares rose 20% after securing a 192 MW order from HyperNext.
  • Analysts expect limited near-term upside despite the stock's recent performance.
  • The company's market share in high-horsepower segment grew from negligible to near double-digit between FY22 and FY26.

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