Rs 10 trillion transmission supercycle, HVDC project pipeline, data centre boom and grid digitalisation This company sits at the exact confluence of multiple structural themes simultaneously and build a detailed case for why the next three years will be categorically different from the last three. Nomura initiates Hitachi Energy with a BUY rating and a … Read more
India’s datacentre capacity is set to grow at 30% annually through 2030. The companies supplying the industrial equipment to build them are sitting on multi-year order backlogs — and the market has barely noticed. There is a version of the AI investment thesis that most people know — semiconductors, hyperscalers, software platforms. And then there … Read more
Order book not yet peaked, execution accelerating, margins set for a multi-year climb When a stock runs up 32% in a single month — outpacing both the industrials and power indices by a wide margin — the natural instinct is to ask whether the move is over. JM Financial’s latest note on BHEL is a … Read more
A Rs 1.5 trillion data center build-out is quietly creating one of the most compelling multi-year opportunities in Indian capital goods When most investors think about the AI boom, they think about software, chips and cloud platforms. But look somewhere else entirely — at the cables, transformers, switchgear and gensets that will power every single … Read more