Microsoft has committed a $3 billion investment in India over the next two years to expand its cloud and AI infrastructure. This move aims to accelerate AI adoption, upskill the workforce, and support the growth of India’s AI ecosystem. The investment is expected to benefit companies like Anant Raj, ABB India, Sterlite Technologies, Newgen Software Technologies, and Persistent Systems, boosting innovation, job creation, and market expansion.
Here are the few stocks to Benefit from Microsoft’s $3 Billion Investment:
1. Anant Raj Limited
Anant Raj Limited was founded in 1985 as Anant Raj Clay Products and is a prominent real estate developer in India. The company focuses on developing IT parks, hospitality projects, SEZs, office complexes, shopping malls, and residential properties across Delhi, Haryana, Andhra Pradesh, Rajasthan, and the NCR.
The real estate company is leveraging its early-mover advantage in the growing data center market, converting 5.66 million sq. ft. of commercial space into a 157 MW facility with projected rentals of Rs. 3,300 crore. It is also investing Rs. 10,000 crore to develop a 300 MW data center.
Anant Raj Limited’s revenue has increased from Rs. 332 crore in Q2 FY24 to Rs. 513 crore in Q2 FY25, which has increased by 54.52 percent. The net profit of the company has increased by 76.67 percent from Rs. 60 crore in Q2 FY24 to Rs. 106 crore in Q2 FY25.
With a market capitalization of Rs. 31,059.07 crore, the shares of Anant Raj Limited were trading at Rs. 908.45 per equity share, down nearly around 2.84 percent from its previous day’s close price of Rs. 935.
2. ABB India Limited
ABB India Limited was founded in 1949 and headquartered in Bengaluru, ABB India Limited, a subsidiary of the ABB Group, specializes in electrification and automation solutions. The company provides a complete range of engineering products, solutions, and services, enhancing industrial productivity and power efficiency in India.
The company offers a Data Center Infrastructure Management (DCIM) system for optimizing infrastructure and provides cloud computing services to aid digital transformation. It reported YTD orders of INR 4,989 Cr. with a backlog of INR 3,426 Cr. The company is expanding market share, focusing on exports, and achieving strong growth in data centers, railways, and F&B sectors.
ABB India Limited’s revenue has increased from Rs. 2,769 crore in Q2 FY24 to Rs. 2,912 crore in Q2 FY25, which has increased by 5.16 percent. The net profit of the company has increased by 21.21 percent from Rs. 363 crore in Q2 FY24 to Rs. 440 crore in Q2 FY25.
With a market capitalization of Rs. 1,38,505.43 crore, the shares of ABB India Limited were trading at Rs. 6,536.10 per equity share, down nearly around 1.86 percent from its previous day’s close price of Rs. 6,660.05.
3. Sterlite Technologies Limited
Sterlite Technologies Limited was founded in 2001, and is India’s leading manufacturer of optical fiber and cables, with a strong global presence. The company recently entered the AI-led data center segment, showcasing its advanced optical cable, connectivity, and interconnect solutions at the India Mobile Congress 2024.
The company aims to capitalize on the growing demand for data centers, focusing on developing a suite of data center products. With AI and machine learning driving the need for higher GPU server capacities, STL anticipates significant growth in fiber demand. The company recently launched its AI-DC portfolio at the India Mobile Congress 2024, supporting India’s “Make in India” initiative.
Sterlite Technologies Limited’s revenue has decreased from Rs. 1,494 crore in Q2 FY24 to Rs. 1,413 crore in Q2 FY25, which has decreased by 5.42 percent. The net profit of the company has turned negative, from Rs. 32 crore in Q2 FY24 to Rs. -14 crore in Q2 FY25.
With a market capitalization of Rs. 5,463.51 crores, the shares of Sterlite Technologies Limited were trading at Rs. 112 per equity share, down nearly around 0.75 percent from its previous day’s close price of Rs. 112.85.
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4. Newgen Software Technologies Limited
Newgen Software Technologies Limited was founded in 1992 and headquartered in New Delhi. Newgen Software Technologies provides global software solutions and specializes in enterprise content management (ECM), Business Process Management (BPM), and Customer Communication Management (CCM), serving both private and government sectors in over 58 countries.
The company has launched LumYn, a generative AI platform transforming customer engagement in banking. By offering hyper-personalized insights, conversational AI, and predictive analytics, LumYn helps banks enhance profitability, improve experiences, and make data-driven decisions while ensuring privacy and security.
Newgen Software Technologies Limited’s revenue has increased from Rs. 264 crore in Q2 FY24 to Rs. 331 crore in Q2 FY25, which has increased by 25.38 percent. The net profit of the company has increased by 50 percent from Rs. 44 crore in Q2 FY24 to Rs. 66 crore in Q2 FY25.
With a market capitalization of Rs. 22,709.74 crores, the shares of Newgen Software Technologies Limited were trading at Rs. 1618.75 per equity share, down nearly around 1.34 percent from its previous day’s close price of Rs. 1640.80.
5. Persistent Systems Limited
Persistent Systems Limited was founded in 1990 and is headquartered in Pune. Persistent Systems provides software engineering and strategy services and specializes in cloud computing, big data analytics, and enterprise modernization, serving industries such as banking, healthcare, telecom, and media, with partnerships including Salesforce and AWS.
The company offers AI solutions through its GenAI Hub, enabling rapid development of generative AI applications using large language models. They provide data science services, explainable AI, and ML operationalization, partnering with Google Cloud to drive AI adoption and innovation
Persistent Systems Limited’s revenue has increased from Rs. 2,412 crore in Q2 FY24 to Rs. 2,897 crore in Q2 FY25, which has increased by 18.86 percent. The net profit of the company has increased by 23.57 percent from Rs. 263 crore in Q2 FY24 to Rs. 325 crore in Q2 FY25.
With a market capitalization of Rs. 96,290.36 crores, the shares of Persistent Systems Limited were trading at Rs. 6,178.40 per equity share, down nearly around 0.96 percent from its previous day’s close price of Rs. 6,238.40.
Written By – Nikhil Naik
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