Delta Electronics (Thailand) Plc has become the largest listed company on the Stock Exchange of Thailand on optimism about demand for its server, cloud-storage and EV-charging products.
Shares of the local unit of Taiwan-based Delta Electronics Inc surged 12% to a record 930 baht on Tuesday, extending a three-day rally that has produced a gain of 32%. The rise has increased the company’s market capitalisation to 1.16 trillion baht, surpassing Airports of Thailand Plc, currently the world’s most-valuable airport operator, and the state oil giant PTT Plc.
