5 Data Centre Stocks Poised for Significant Gains

India’s data centre market is witnessing rapid growth, driven by rising internet traffic, AI adoption, and government policies. Here are five stocks that analysts believe could surge up to 60%.

Data CentreStocksAnant RajAdani EnterprisesBharti AirtelReal EstateSep 20, 2025

5 Data Centre Stocks Poised for Significant Gains
Real Estate:India’s data centre story could turn into one of the biggest structural investment themes. Rising internet traffic, AI adoption, and the government’s push for data localisation are driving capacity expansion, with brokerages spotting big upside in select stocks. Here are five names linked to the theme that analysts believe could deliver meaningful gains.

Real estate and infrastructure developer Anant Raj has been aggressively scaling up its data centre parks. The company is emerging as a key player in the Delhi-NCR region, with several projects already operational. Emkay Global has a target price of Rs 800, implying a potential upside of 47% from current levels.

Netweb, a high-performance computing solutions provider, is closely tied to the data centre ecosystem through its servers and supercomputing products. The stock has already run up sharply in recent months. Ventura had set a target of Rs 2,805, but the stock has already surged past Rs 3,200, comfortably beating projections.

Adani Enterprises, the group’s flagship company, has partnered with EdgeConneX through its AdaniConneX venture to build a pan-India data centre network. This play is central to the group’s broader diversification into airports, green hydrogen, and infrastructure. Ventura has a target price of Rs 3,801 on the stock, suggesting as much as 58% upside from current levels.

Telecom giant Bharti Airtel operates its data centre business under Nxtra, which has already built one of the largest footprints in the country. Nxtra is expected to expand further as demand from enterprises and cloud providers accelerates. Geojit has a target price of Rs 2,123 on Airtel, implying a 12% upside.

Black Box offers IT infrastructure and networking solutions that are integral to setting up and maintaining data centres. The company has been steadily winning contracts in this space, making it a direct beneficiary of the upcoming capex cycle. Ventura has set a target price of Rs 826 on the stock, indicating an upside potential of 69%.

In summary, the data centre sector in India is poised for significant growth, driven by multiple factors. Investors looking to capitalize on this trend should consider these five stocks, which analysts believe have strong potential for gains.

Frequently Asked Questions

What is driving the growth of data centres in India?

The growth of data centres in India is driven by rising internet traffic, adoption of AI, and government policies promoting data localisation.

Which company is emerging as a key player in the Delhi-NCR region for data centres?

Anant Raj is emerging as a key player in the Delhi-NCR region with several data centre projects already operational.

What is the target price for Adani Enterprises' stock as per Ventura?

Ventura has set a target price of Rs 3,801 for Adani Enterprises, suggesting a potential upside of 58% from current levels.

How is Bharti Airtel involved in the data centre business?

Bharti Airtel operates its data centre business under Nxtra, which has built one of the largest footprints in the country and is expected to expand further.

What is the target price for Black Box as per Ventura?

Ventura has set a target price of Rs 826 for Black Box, indicating an upside potential of 69%.

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