New Delhi, May 29, 2025 – Indian data center-related companies, including Anant Raj, Netweb Technologies, and E2E Networks, witnessed a positive uptrend in their share prices today, buoyed by the impressive first-quarter results announced by global semiconductor giant Nvidia. Nvidia’s robust performance, particularly its booming data center business, has instilled confidence in the burgeoning AI infrastructure sector, leading to a ripple effect in related Indian equities.
Shares of Anant Raj were trading nearly 3% higher at Rs 531.65 apiece on the NSE. Similarly, E2E Networks saw its scrip rise by 3% to Rs 2,868.3 on the NSE. Netweb Technologies India also joined the rally, with its shares increasing by 1.4% to Rs 2024 per share. Black Box also reportedly saw a 3.3% rise to Rs 489 per share.
Nvidia, a world leader in AI chips, reported better-than-expected earnings and revenue for its fiscal first quarter, with its data center revenue experiencing a significant 73% year-over-year growth. This surge in demand for AI chips and supporting infrastructure is a key driver for companies involved in building and managing data centers.
The positive sentiment comes at a time when Indian companies are actively expanding their data center capabilities. E2E Cloud, for instance, recently announced the deployment of India’s largest Nvidia H200 GPU infrastructure in Delhi NCR and Chennai, highlighting the increasing investment in high-performance computing to cater to the escalating AI demand.
Analysts suggest that Nvidia’s strong performance underscores the global acceleration of AI adoption, which directly translates into increased demand for data center services and related hardware. This trend is expected to continue benefiting Indian companies positioned in the data center and cloud computing space.
