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The Economic Times
The Economic Times
Ritesh Presswala

Kirloskar Oil Engines shares up 36% in 2 days. Should you buy or sell?

Koel Oil JM Financial Axis Capital Motilal Oswal

Shares of Kirloskar Oil Engines Ltd (KOEL) extended their spectacular rally on Tuesday, surging 13.76% to an intraday high of Rs 2,720. The stock had already gained 20% in the previous session, taking its cumulative rise to nearly 36% over the last two trading days.

The sharp rally was triggered by the company's announcement of a major order from HyperNext, a next-generation digital infrastructure company focused on hyperscale-ready, AI-enabled data centre solutions. Following the development, leading brokerages including JM Financial, Axis Capital and Motilal Oswal reiterated their bullish stance on the stock.

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