18 Sep 2025 | 5 Mins Read
Jefferies sees strong pockets in power, defence, and data centres
Flipitmoney
Jefferies India analyst Lavina Quadros notes capex growth is moderating from 15% CAGR to 8-10% post-election and budget. Robust investments seen in power and defence, with pockets like data centres and housing showing significant traction. Specific companies in power equipment, defence, and data centres like Siemens Energy, Hindustan Aeronautics, and GE Vernova are positioned for strong growth.