InCred Equities has recommended buying Techno Electric shares, anticipating a potential 34% increase in value due to the company's robust leadership in power transmission projects. The growth is expected to be fueled by expanding data centers and strong EPC (Engineering, Procurement, Construction) performance, with revenue, EBITDA, and PAT projected to grow at a compound annual rate of 32%, 19% respectively over the coming years.

Techno Electric surged 10.5% this week, significantly outpacing the Sensex's 2.3% growth, boosted by increased investor interest following a ratings upgrade and favorable technical indicators.