AI Powerplay! Proxy power stocks give up to 100% returns in India's hottest trade this year
- Posted on July 24, 2026
- By Business News Today
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- 1 min read
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AI Powerplay! Proxy power stocks give up to 100% returns in India's hottest trade this year
India's power and electrical equipment stocks have emerged as key AI proxy plays, with names like Hitachi Energy, Kirloskar Oil Engines and GE Vernova T&D delivering stellar returns. Analysts believe rising data centre investments will fuel long-term demand, but caution that valuations and stock selection will be critical from here.
