Download Unicorn Signals App

Powered By EquityPandit
 Signals, Powered By  EquityPandit

Anant Raj Shares Rally 4% on Achieving Stellar Pre-Sales for Ongoing Projects

The handing over of the projects will start from the current financial year.

Shares of Anant Raj were trading in the green and 4% higher on 2 April after the company announced achieving a pre-sale of Rs 4,150 crore for its project located at Sector 63A Gurugram, Haryana.

In its regulatory filing, the company said, “The handing over of the projects will start from the current financial year and will be delivered in the next four years.”

Earlier on 26 March, the company announced that its wholly-owned subsidiary, Anant Raj Cloud Pvt. Ltd has entered into a Memorandum of Understanding with Telecommunication Consultants India Limited for its Data Centers.

The company is engaged in the business of construction and development of Information and Technology parks, special economic zones, residential projects, hospitality projects, office complexes, shopping malls, and many more.

Anant Raj operates under various business segments, including Commercial, Warehousing Projects, Residential, Hospitality, Data Centres, and others. They currently have ongoing projects in Rajasthan, Delhi, Haryana, Tirupati, and others.

At 2:05 pm, the shares of Anant Raj were trading 1.74% higher at Rs 329.70 on NSE.

Get Daily Prediction & Stocks Tips On Your Mobile