Ashish Kacholia is bullish about Data Centers & Gen-AI & is investing ₹30 Cr in E2E. M-Cap is ₹4200 Cr. Promoters hold 60%. RoE is 26%. Profit growth is 54%. Co supplies NVidia GPUs for AI developers & says Gen-AI market could grow at 42% CAGR & be worth $1.3 Trillion in 10 yrs.
L&T is acquiring 21% equity stake in E2E Networks & also having a strategic Partnership to accelerate Cloud and AI Innovation. Ashish Kacholia was allotted 1.04% shares in a preferential allotment for ₹1695 in Sept '24. His investment of ₹30 Cr is now worth ₹88 Cr
