Is Kirloskar Oil Engines stock running ahead of fundamentals after 25% jump this week? (opens original article in a new tab)

Kirloskar Oil Engines shares surged after securing a major data centre order and announcing capacity expansion, with strong FY26 financials driving the stock performance.

• Kirloskar Oil Engines shares rose 23% in two days after winning a 192MW data-centre genset order
• Company announced ₹1,400 crore capex to expand engine production by 20,000 units annually
• Kirloskar's FY26 revenue increased 25% to ₹5,650 crore with 24% Ebitda growth
• Stock trades at 53 times FY27 earnings vs 57.5 times for Cummins India