Best Data Centre Stocks in India 2026
India’s data centre capacity has increased from 350 MW in 2019 to 1,030 MW in 2024 and is projected to reach 1,825 MW by 2027. The rising demand for cloud computing, AI infrastructure, and digital connectivity across sectors is supporting the growth of the Data Centre sector. Due to this, data centre stocks in India are gaining attention from investors.
Best Data Centre Stocks
Monday, 18 May, 2026
| symbol | Company | ticker | slug | Sector | Market Price | 52W High | 52W Low | Market Cap (Cr.) | PE Ratio | Industry PE | PB Ratio | Div. Yield (%) | ROE (%) | 1YReturns | 3YReturns | 5YReturns | Market Cap Label | Industry Group | Industry | Sub Industry | percentageChange |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ABB | ABB India Ltd | ABB | /stocks/abb-india-ABB | Heavy Electrical Equipments | 6,381.00 | 7,822.50 | 4,637.50 | 135,218.73 | 81.05 | 39.32 | 17.26 | 0.62 | 22.38 | 11.26 | 65.51 | 349.13 | Largecap | Capital Goods | Electrical Equipment | Heavy Electrical Equipment | 0.51 |
| ABBW | Hitachi Energy India Ltd | POWERINDIA | /stocks/abb-power-products-and-systems-india-ABBW | Heavy Electrical Equipments | 32,535.00 | 35,095.00 | 15,427.00 | 145,016.18 | 377.67 | 39.32 | 34.41 | 0.02 | 13.78 | 108.96 | 732.41 | 1,827.31 | Largecap | Capital Goods | Electrical Equipment | Heavy Electrical Equipment | 0.81 |
| AMBE | Amber Enterprises India Ltd | AMBER | /stocks/amber-enterprises-india-AMBE | Home Electronics & Appliances | 8,476.50 | 8,974.00 | 5,400.50 | 29,854.04 | 122.57 | 25.03 | 12.92 | 0.00 | 11.01 | 33.56 | 358.24 | 188.22 | Smallcap | Consumer Durables & Apparel | Household Durables | Household Appliances | -15.61 |
| ANRA | Anant Raj Ltd | ANANTRAJ | /stocks/anant-raj-ANRA | Real Estate | 488.20 | 743.65 | 403.00 | 17,569.19 | 31.66 | 37.26 | 4.19 | 0.20 | 10.81 | 3.08 | 242.36 | 883.28 | Smallcap | Real Estate Management & Development | Real Estate | Real Estate Development | -2.45 |
| BLUS | Blue Star Ltd | BLUESTARCO | /stocks/blue-star-BLUS | Home Electronics & Appliances | 1,658.00 | 2,040.00 | 1,450.00 | 34,087.26 | 64.60 | 25.03 | 11.11 | 0.51 | 20.82 | 5.51 | 132.22 | 305.85 | Midcap | Capital Goods | Household Durables | Building Products | -1.46 |
| CUMM | Cummins India Ltd | CUMMINSIND | /stocks/cummins-india-CUMM | Industrial Machinery | 5,392.00 | 5,470.50 | 2,876.10 | 149,466.24 | 74.74 | 39.32 | 19.77 | 0.96 | 28.22 | 82.83 | 226.98 | 568.98 | Largecap | Capital Goods | Machinery | Construction Machinery & Heavy Transportation Equipment | -1.73 |
| KECL | KEC International Ltd | KEC | /stocks/kec-international-KECL | Construction & Engineering | 548.55 | 947.00 | 501.05 | 14,602.40 | 25.59 | 39.32 | 2.73 | 1.00 | 12.09 | -31.76 | 2.97 | 40.28 | Smallcap | Capital Goods | Construction & Engineering | Construction & Engineering | -11.11 |
| LART | Larsen and Toubro Ltd | LT | /stocks/larsen-and-toubro-LART | Construction & Engineering | 3,909.00 | 4,440.00 | 3,288.10 | 537,734.62 | 33.43 | 39.32 | 4.66 | 0.97 | 13.80 | 8.04 | 73.98 | 181.88 | Largecap | Capital Goods | Construction & Engineering | Construction & Engineering | 0.23 |
| VOLT | Voltas Ltd | VOLTAS | /stocks/voltas-VOLT | Home Electronics & Appliances | 1,230.70 | 1,582.50 | 1,186.80 | 40,721.98 | 108.34 | 25.03 | 6.23 | 0.32 | 13.58 | -2.51 | 51.87 | 25.12 | Midcap | Capital Goods | Household Durables | Construction & Engineering | 1.80 |
Disclaimer: Please note that the above data centre stock list is for educational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing.
Note: The data on this list of data centre stocks is dynamic and subject to real-time changes.
Selection criteria: Data Center Stocks, based on publicly available information and is sorted by market cap.
Explore screensWhat are Data Centre Stocks?
Data centre stocks refer to shares of companies that build, operate, or supply essential infrastructure for data centres. This includes businesses involved in construction, power distribution, cooling systems, automation, electrical equipment, and facility management. These companies support the physical and operational requirements needed to run large-scale data processing and storage facilities.
Overview of the Data Centre Stocks in India
- Larsen & Toubro Ltd: Larsen & Toubro is a diversified engineering and infrastructure company that operates across construction, power, defence, and technology services. The company also engages in financial services and IT, with a presence in both domestic and international markets.
- ABB India Ltd: ABB India is a technology company that provides automation and electrification solutions across industries. Its offerings include motors, drives, robotics, control systems, and power grid technologies.
- Cummins India Ltd: Cummins India manufactures diesel and natural gas engines, generator sets, and related components. It serves multiple sectors, including automotive, construction, power generation, and industrial applications.
- Hitachi Energy India Ltd: Hitachi Energy India delivers power and energy solutions focused on transmission, distribution, and grid automation. Its portfolio includes transformers, switchgear, and high-voltage products.
- Voltas Ltd: Voltas is one of the leading air conditioning and engineering solutions providers. The company offers HVAC systems, refrigeration products, and electromechanical project services.
Union Budget 2026-27 Updates for the Data Centre Sector in India
The Union Budget 2026-27 introduced tax measures to encourage global cloud and data centre companies to use India as a service hub. The aim is to attract long-term investment and provide companies with greater tax clarity.
- The Budget proposed a tax holiday until 2047 for foreign companies that provide cloud services to global customers using data centre services from India. However, services for Indian customers must be routed through an Indian reseller entity.
- It also proposed a 15% safe harbour on cost when the Indian data centre service provider is a related company. This can help reduce tax uncertainty in group-level business arrangements.
- The Finance Bill, 2026, supported these proposals by defining terms such as “data centre”, “data centre services”, and “specified data centre”. These changes are proposed to apply from 1 April 2026.
- The official Tax Reforms document also listed this package as “Data Centre Incentives”, covering the tax holiday until 2047 and the safe harbour rule for related entities.
How to Invest in Data Centre Stocks in India?
Here is how you can invest in data centre companies’ stocks in India:
- Open a trading account or a demat account. You can open a demat account with smallcase.
- Then, investors need to conduct thorough research into the top data centre stocks by using the Tickertape Stock Screener. The screener offers more than 200 built-in filters to choose from, and investors can choose the parameters to research.
- Place a ‘Buy’ Order on the top data centre stocks in India that align with your investment goals.
Benefits of Investing in Data Centre Stocks in India
- Rising Data Centre Capacity: India’s operational data centre stock reached about 1,530 MW as of January to September 2025, with 260 MW of new supply added during the year. This reflects rising demand for digital infrastructure, cloud services, and AI-led workloads
- Policy Support for Data Centres: The Union Budget 2026-27 introduced data centre incentives, including a proposed tax holiday till 2047 for eligible foreign cloud service companies using Indian data centre services. Such policy support may improve India’s position as a global data centre hub.
- Support from AI and Cloud Adoption: Data centres are core infrastructure for AI, cloud platforms, digital payments, streaming, and enterprise technology services. Industry estimates cited by the government state that India’s cloud data centre capacity is around 1,280 MW and may grow four to five times by 2030.
- Blend of Real Assets and Technology Exposure: Data centre-related businesses offer exposure to both strategic real estate and technology-led services. This intersection supports diversified revenue streams across engineering, energy, automation, and facilities management.
- Institutional Participation and Policy Support: The sector has seen growing institutional interest, aided by government initiatives on data localisation, power infrastructure, and digitalisation. This improves visibility for long-term growth in adjacent segments like power, cooling, and automation.
Risks of Investing in Data Centre Stocks in India
- High Capital Requirements: Companies building or supplying to data centres often operate in capital-intensive businesses. Significant upfront investments in land, power infrastructure, and equipment may weigh on returns in the short term and affect cash flows.
- Execution and Delay Risk: Project-based companies in construction, power, and engineering are exposed to risks such as land acquisition delays, regulatory clearances, or cost overruns. Delays can affect revenue recognition and margin profiles.
- Supply Chain and Import Dependency: Many critical components, especially in automation, cooling systems, and electrical infrastructure, are imported or sourced globally. So, fluctuations in the prices of raw materials or issues in the supply chain may impact this sector.
Factors to Consider Before Investing in Data Centre Stocks in India
- Nature of Business Exposure: Not all companies linked to data centres have direct revenue from them. Some provide enabling infrastructure like cooling systems, automation, or engineering services. So, it’s crucial for investors to understand each company’s exposure to the data centre segment.
- Operating Margins and Capex Cycles: Companies in this space typically have long project cycles and fluctuating operating margins. Capital expenditure trends, working capital requirements, and margin volatility may influence the near-term performance of these companies.
- Order Book Quality and Visibility: For construction, power, and engineering firms, the size and quality of their order book play a key role. That’s why investors may need to track execution timelines, order diversification, and segment contribution to measure future cash flow stability of these companies.
Can't decide which stocks to pick?
smallcase offers 500+ readymade stock baskets, created and managed by SEBI-registered investment experts
Try smallcase
smallcases are readymade model portfolios of stocks/ETFs, that are based on a theme, idea or strategy. They’re created and managed by SEBI-registered investment experts (also known as smallcase managers).
Among the 500+ expert-curated portfolios, here are a few popular smallcases among new investors:
Disclosures for aforementioned smallcases
To Wrap It Up…
By 2030, India’s data centre footprint is expected to expand nearly threefold to over 55 mn square feet, with an estimated $25 bn in investment. While companies linked to this sector may benefit from these structural trends, they also have various challenges to address. That’s why investors need to have an understanding of segment exposure, business models, and operational metrics when evaluating data centre stocks.
Investors can also explore ready-made model portfolios like Digital Inclusion Theme and Infra Tracker, which contain top stocks from the digital sector and infrastructure sector, respectively. As with the growing demand for data, these sectors will benefit as well.
Discover ready-made stock baskets on smallcase
smallcase offers simple, quick & delightful investing for you with 200+ readymade stock baskets, created and managed by SEBI-registered investment experts
Frequently Asked Questions About Data Centre Stocks in India
1. What are data centre stocks in India?
Data centre stocks refer to shares of companies involved in building, supporting, or supplying infrastructure for data centres. This also includes firms in construction, energy systems, automation, HVAC, and electrical components.
2. How to track the top data centre stocks in India?
Investors can track data centre-related stocks using platforms like the Tickertape Stock Screener, which comes with more than 200 filters to help analyse companies based on various metrics.
3. Who should invest in data centre shares in India?
Investors looking to participate in India’s expanding digital infrastructure may find data centre stocks appealing. NSE-listed data centre companies in India operate in capital-intensive and project-driven sectors, so before investing, it’s crucial to analyse financials and seek expert advice if needed.
Disclaimer: Please note that the above information is for educational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing.
4. Are there publicly listed data centre companies in India?
Some of the top NSE-listed data centre companies in India as of 6th May 2026, as per market cap are:
- Larsen and Toubro Ltd
- ABB India Ltd
- Hitachi Energy India Ltd
- Cummins India Ltd
- Voltas Ltd
Disclaimer: Please note that the above list is for educational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing.
5. What factors should be considered before analysing data centre stocks?
Common factors include power availability, capital expenditure requirements, client concentration, occupancy levels, debt, expansion plans, energy efficiency, and long-term demand for cloud and AI infrastructure. Investors also track government policies related to digital infrastructure and data localisation.
6. Are data centre stocks risky?
Data centre businesses often require high upfront investment in land, cooling systems, servers, and power infrastructure. The sector may also face risks related to competition, energy costs, regulatory changes, technology upgrades, and slower-than-expected capacity utilisation.
7. What are the advantages of investing in data centre stocks?
Data centre stocks are often linked to sectors such as cloud computing, artificial intelligence, digital payments, streaming, and enterprise technology services. Companies in this space may benefit from long-term digital infrastructure expansion, rising data consumption, and increasing enterprise cloud adoption.
Disclaimer: Please note that the above information is for educational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing.
8. What are the risks of investing in data centre stocks?
Data centre businesses usually require large investments in land, cooling systems, servers, and power infrastructure. The sector may face risks related to high energy costs, technology upgrades, regulatory changes, competition, and delays in capacity utilisation.
Explore the Popular Stock Collections:
Thematic Stocks:
Keep yourself informed and up-to-date on a variety of thematic sectors by reading the articles below:
Indices and Market Movers:
Stocks Under Budget:
If you are looking for stocks under a particular price range, here’s the collection of stocks under a specifc budget:
