On Tuesday, the share price of B.Grimm Power Public Company Limited (SET: BGRIM) at the time of 11:10 a.m. was at THB 19.80, a THB 0.70 or 3.66% increase with a total trading value of THB 627.07 million.
Kasikorn Securities stated in its fourth-quarter 2026 Thai equity strategy report that BGRIM is among the stocks expected to benefit from Thailand’s new investment cycle, particularly through the expansion of data center businesses and energy infrastructure investments aimed at accommodating rising electricity demand driven by artificial intelligence technology.
BGRIM has already secured clients for two data center facilities, which are scheduled to commence operations in the fourth quarter of 2026 and the third quarter of 2027, respectively. This reflects the company’s potential to capitalize on the steadily increasing power demand from the data center sector.
Furthermore, Thailand’s power development plan 2026 (PDP 2026) is considered another major supporting factor for power generation operators. Kasikorn assesses that surging power demand from AI, combined with data center capacity expansion and a recovering private investment cycle, will act as positive drivers for BGRIM’s business outlook, despite lingering near-term pressures.
