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SKS Technologies Expands with Strategic Acquisition in Sydney’s Data Centre Market

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SKS Technologies Expands with Strategic Acquisition in Sydney’s Data Centre Market

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SKS Technologies Group Limited ( (AU:SKS) ) just unveiled an announcement.

SKS Technologies Group Limited has reported significant operational and financial growth for FY25, driven by strategic investments in organic growth and expansion into the data centre sector. The company has announced the acquisition of Delta Elcom in Sydney, a move that provides immediate access to the largest data centre market in Australia, enhancing its market position and growth prospects.

The most recent analyst rating on (AU:SKS) stock is a Hold with a A$3.50 price target. To see the full list of analyst forecasts on SKS Technologies Group Limited stock, see the AU:SKS Stock Forecast page.

More about SKS Technologies Group Limited

SKS Technologies Group Limited operates in the electrical technology industry, focusing on electrical installation and integration services. The company is expanding its presence in the data centre sector, aiming to drive future electrical technology landscapes through innovation and efficiency.

Average Trading Volume: 482,601

Technical Sentiment Signal: Buy

Current Market Cap: A$372.8M

Find detailed analytics on SKS stock on TipRanks’ Stock Analysis page.

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