Three stocks with strong order books to watch amid India's data-centre boom
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓L&T, Power Mech Projects and Sterlite Technologies are gaining from India’s data-centre boom.
- ✓As AI infrastructure spending grows, investors are watching these firms for future revenue.
- ✓L&T reported a record order book of ₹8,53,500 crore on 30 September.
Story at a Glance
- Category
- MARKET
- Reported By
- mint
- Reading Speed
- 4 Minute(s)
- Market Focus
- India Economy
Summary
L&T, Power Mech Projects and Sterlite Technologies are positioned across construction, power and optical connectivity as India's AI and data-centre infrastructure spending gathers pace.
With India's data-centre capacity set for a sharp expansion, investors are looking beyond quarterly earnings to identify the companies positioned to benefit from the infrastructure spending. Their order books offer a window into that opportunity, providing a measure of future revenue visibility as the artificial intelligence (AI) build-out gathers pace.
One of the defining themes of the Q2 FY27 earnings season is the capital expenditure cycle linked to India's data-centre and AI infrastructure build-out. The country's live data-centre capacity has crossed roughly 1.8 GW, following a record addition of 258 MW in the first half of FY27, and is projected to reach about 10.5 GW by 2031.
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