15-Oct-2026 12:00:36
Data Centre-Linked Stocks Slide: Aeroflex and KRN Heat Exports Fall 8%, Marine Electricals Drops 6%
Data centre-linked stocks witnessed sharp selling, with Aeroflex Industries and KRN Heat Exchanger plunging around 8% each, while Marine Electricals declined 6%. The sell-off comes amid growing investor concerns over elevated valuations, rising AI infrastructure spending and uncertainty around returns on data centre investments. Global concerns about financing costs and intensifying competition in AI hardware have also weighed on sentiment.