Aeroflex Industries reported a 30% year‑over‑year revenue jump, and Venus Pipes recently landed a ₹185 crore contract tied to the data‑center boom.
The Nifty has steadied after a correction, with analysts noting valuations now sit below the COVID‑era price‑to‑earnings multiple, signalling a more reasonable terrain for earnings growth.
ICICI Securities’ Pankaj Pandey steers his recommendations toward the data‑center ecosystem, preferring companies like CG Power, which has expanded margins, and Kirloskar Oil Engines, poised to benefit from rising demand for backup power solutions.
While optical fibre firms have delivered solid returns, the focus shifts to equipment and infrastructure providers that feed the expanding data‑center market, a sector expected to stay resilient even amid AI‑driven volatility.
Investors should watch the next earnings cycle for confirmation of this trend; guidance from data‑center‑linked firms and defence names like Apollo Micro Systems is likely to shape market sentiment in the coming weeks.