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Before the Union Budget, the Economic Survey will be released to understand the nation’s economic conditions and to understand some budgetary decisions. As per the Economic Survey 2024-25, India’s data center market is set to grow from Rs. 38,984 crores ($4.5 billion) in 2023 to Rs. 1,00,491 crore ($11.6 billion) by 2032, with an annual growth rate of 10.98 percent. 

The Growth is expected to be driven by infrastructure expansion, digital demand, and cost advantages in IT services and real estate. India’s Colocation capacity surged 105 percent year on year to 977 MW in 2023, with 1.03 GW under construction and 1.29 GW planned. With the government supporting cloud adoption through the MeghRaj initiative. Here are some Indian stocks that can benefit from this initiative and expected industry growth.

Listed below are some of the stocks that might benefit from the Data Center Industry which is expected to grow 157% by 2032 as per Economic Survey 2024-25.

Anant Raj

Anant Raj was founded in 1985. It is a Delhi NCR real estate and infrastructure company while specializing in residential, commercial, IT parks, SEZs, and data centers. 

With a market capitalization of Rs. 21,145.94 Crores, the shares of Anant Raj Limited closed at Rs. 618.50 per equity share, up 3.64 percent from its previous day’s close price of Rs. 596.75.

Its Revenue from operations increased by 36.47 percent from Rs. 392 Crores in Q3FY24 to Rs. 535 Crores in Q3FY25, accompanied by profits of Rs. 71 Crores to Rs. 110 Crores. 

Aurionpro Solutions 

Aurionpro Solutions was founded in 1997. It is a technology company providing digital transformation solutions for banking, payments, mobility, and government sectors. They offer services including data center and hybrid cloud services, with a presence in over 15 countries.

With a market capitalization of Rs. 8,651.41 Crores, the shares of Aurionpro Solutions Limited closed at Rs. 1,566.90 per equity share, up 1.07 percent from its previous day’s close price of Rs. 1,550.25. 

Its Revenue from operations grew by 32.46 percent from Rs. 231 Crores in Q3FY24 to Rs. 306 Crores in Q3FY25, accompanied by a profit of Rs. 38 Crores to Rs. 48 Crores. 

ABB India

ABB India Ltd was incorporated in 1949. It is a leading engineering company providing automation and power technologies. They offer solutions for electrification, industrial automation, motion, and robotics while serving various industries. ABB’s products support energy efficiency in facilities.

With a market capitalization of Rs. 1,20,528.19 Crores, the shares of ABB India Limited closed at Rs. 5,687.75 per equity share, up 0.10 percent from its previous day’s close price of Rs. 5,681.85. 

Its Revenue from operations increased by 5.16 percent from Rs. 2,769 Crores in Q2FY24 to Rs. 2,912 Crores in Q2FY25, accompanied by profits of Rs. 363 Crores to Rs. 440 Crores.

Schneider Electric Infrastructure

They were established in 2011 while manufactures and services advanced products for electricity networks. Their EcoStruxure platform, an IoT-enabled system, provides diagnostic tools for data centers and other industries, improving energy management and efficiency

With a market capitalization of Rs. 15,637.40 Crores, the shares of Schneider Electric Infrastructure Limited closed at Rs. 654 per equity share, down 1.26 percent from its previous day’s close price of Rs. 662.35. 

Its Revenue from operations increased by 25.58 percent from Rs. 43 Crores in Q2FY24 to Rs. 54 Crores in Q2FY25, accompanied by a profit of Rs. 43 Crores to Rs. 54 Crores. 

E2E Networks

The company was founded in 2009. They provide cloud services specializing in advanced Cloud GPU infrastructure. Further, their services include cloud computing solutions, including NVIDIA A100, H100, and H200 GPUs, via third-party data centers in India. 

With a market capitalization of Rs. 4,594.19 Crores, the shares of E2E Networks Limited closed at Rs. 2,302.55 per equity share, down 5.00 percent from its previous day’s close price of Rs. 2,423.70. 

Its Revenue from operations increased by 75 percent from Rs. 24 Crores in Q3FY24 to Rs. 42 Crores in Q3FY25, accompanied by profits of Rs. 6 Crores to Rs. 12 Crores.

Written by Santhosh S

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