{"id":1017026,"date":"2026-06-26T08:48:26","date_gmt":"2026-06-26T03:18:26","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1017026"},"modified":"2026-06-26T09:02:13","modified_gmt":"2026-06-26T03:32:13","slug":"nomura-cuts-anant-raj-price-target-on-data-centre-bottlenecks-delayed-luxury-launches","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/06\/26\/nomura-cuts-anant-raj-price-target-on-data-centre-bottlenecks-delayed-luxury-launches\/","title":{"rendered":"Nomura cuts Anant Raj price target on data centre bottlenecks, delayed luxury launches"},"content":{"rendered":"<p>Nomura cut the price target on Anant Raj to Rs 650 from Rs 700, while maintaining a \u2018Buy\u2019 rating. The new price target implies over 22% upside from the closing price on June 23. The brokerage house has slashed the target on the back of delayed cloud revenue generation, postponed residential launches, and many other factors. <\/p>\n<p>Delayed cloud revenue generation <\/p>\n<p>The ramp-up of cloud capacity is slower than expected because customer testing and handovers are taking longer than anticipated. Specifically, rentals for the new 1.5MW cloud capacity are now projected to begin in Q2 FY27 rather than the previous estimate of end-FY26.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nomura cut the price target on Anant Raj to Rs 650 from Rs 700, while maintaining a \u2018Buy\u2019 rating. The new price target implies over 22% upside from the closing price on June 23. The brokerage house has slashed the target on the back of delayed cloud revenue generation, postponed residential launches, and many other factors. Delayed cloud revenue generation The ramp-up of cloud capacity is slower than expected because customer testing and handovers are taking longer than anticipated. Specifically, rentals for the new 1.5MW cloud capacity are now projected to begin in Q2 FY27 rather than the previous estimate [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-1017026","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1017026","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1017026"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1017026\/revisions"}],"predecessor-version":[{"id":1017048,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1017026\/revisions\/1017048"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1017026"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1017026"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1017026"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}