Friday, 24 July 2026 · World
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EUROS The World Financial Report
Nº 13 Friday, 24 July 2026 · World Edition
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AI Powerplay! Proxy power stocks give up to 100% returns in India's hottest trade this year

Markets-Economic Times · 2h ago · 🇮🇳 India
AI Powerplay! Proxy power stocks give up to 100% returns in India's hottest trade this year

India's power and electrical equipment stocks have emerged as key AI proxy plays, with names like Hitachi Energy, Kirloskar Oil Engines and GE Vernova T&D delivering stellar returns. Analysts believe rising data centre investments will fuel long-term demand, but caution that valuations and stock selection will be critical from here.

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