Data Center Stock: Promoters Invest Rs 200 Crore for Data Center Expansion; Marquee Investors Also Join
Data Center Stock: Promoters Invest Rs 200 Crore for Data Center Expansion; Marquee Investors Also Join

Data Center Stock: Promoters Invest Rs 200 Crore for Data Center Expansion; Marquee Investors Also Join

In FY24, the company achieved an EBITDA of Rs 428 crores, a 59 per cent increase from FY23, and a PAT of Rs 138 crores, a 5.8x increase from FY23.

Karan Dsij Article rating: 4.2

With data center capacity projected to grow exponentially over the next 3-5 years due to the adoption of cloud and AI technologies, Black Box aims to enhance its presence in this segment.

Rs 8,539.4 crore order book and FIIs increase stake: This multibagger power and data center stock report 332 per cent jump in net profit; gains about 500 per cent!
Rs 8,539.4 crore order book and FIIs increase stake: This multibagger power and data center stock report 332 per cent jump in net profit; gains about 500 per cent!

Rs 8,539.4 crore order book and FIIs increase stake: This multibagger power and data center stock report 332 per cent jump in net profit; gains about 500 per cent!

Shares of the company gained about 100 per cent in the last six months.

Praveenkumar Yadav Article rating: 3.7

Shares of the company gained about 100 per cent in the last six months.

Preferential Allotment at 52 per cent Discount to Promoters and Ace Investors as Company Expands into the Data Center Sector
Preferential Allotment at 52 per cent Discount to Promoters and Ace Investors as Company Expands into the Data Center Sector

Preferential Allotment at 52 per cent Discount to Promoters and Ace Investors as Company Expands into the Data Center Sector

Ace investor Ashish Chug and Sageone Investment Managers (Samit Vartak) name appears in the non-promoter preferential allotment.

Karan Dsij Article rating: 3.9

The shares will be issued at Rs. 352 per share. Considering the current market price (CMP) of Rs. 730.60, the shares are being issued at a substantial discount of about 52 per cent.  The stock has gained 3,763 per cent in the last one year

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