Kirloskar Oil Engines Share Price Hits 20% Upper Circuit After Securing HyperNext Data Centre Order

Kirloskar Oil Engines share price surged 20% on Monday, June 22, hitting the upper circuit and a fresh 52-week high after the company announced a large order from HyperNext, a digital infrastructure company focused on hyperscale-ready and AI-enabled data centre solutions. 

Kirloskar Oil Engines share price opened nearly 10% higher at ₹2,200 on the NSE and climbed to a record high of ₹2,389.80 during the session. As of 10:50 AM, the stock remained locked in the 20% upper circuit on the NSE. 

Kirloskar Oil Engines' HyperNext Order 

In an exchange filing dated June 19, Kirloskar Oil Engines said it had received a significant order from HyperNext. 

The order comprises 192 MW capacity and includes 96 units of KOEL’s 2500 kVA Optiprime Dual Core power systems. According to the company, the project represents one of the largest deployments of high-capacity power systems for hyperscale data centres in India. 

The company stated that the project will support HyperNext’s plans to develop resilient, scalable and energy-efficient digital infrastructure to meet the growing requirements of cloud computing, artificial intelligence and mission-critical enterprise workloads. 

Management Commentary 

Commenting on the development, Madan Patil, President – Global Powergen Business, Kirloskar Oil Engines, said: 

“This order reflects the growing confidence that digital infrastructure leaders place in KOEL's engineering capabilities and our ability to deliver reliable, high-performance power solutions at scale.” 

He further added: “As AI and cloud adoption accelerate globally, data centers require robust and resilient backup power systems that can support ever-increasing energy demands. Our Optiprime platform has been developed precisely to address these challenges, delivering exceptional performance, reliability, and operational efficiency for Hyperscale data centres.” 

Read More: Dividend, Bonus Issue and Stock Split this Week (June 22- 25): LIC, Asian Paints, HUL, Tata Power and More 

Kirloskar Oil Engines Share Price Performance 

The stock has delivered strong returns across multiple time periods. Over the past 1 week, Kirloskar Oil Engines share price has gained 23.58%, compared to a 1.62% rise in the Nifty 500 index.  

In the last 1 month, the stock has advanced 43.02%, while the Nifty 500 gained 2.69%. On a year-to-date basis, Kirloskar Oil Engines share price has risen 94.21%, against a 2.71% decline in the Nifty 500. 

Conclusion 

Kirloskar Oil Engines share price rallied after the company announced a 192 MW order from HyperNext comprising 96 units of its 2500 kVA Optiprime Dual Core power systems. Following the announcement, the company's share price hit the upper circuit and touched a fresh 52-week high during Monday's trading session. The stock also witnessed a spurt in trading activity, with volumes rising more than 4.55 times on June 22, 2026. 

Want to read stock market updates in Hindi? Angel One News gives comprehensive share market news in Hindi.   

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.