Anant Raj Industries shines on getting nod to make investment in seven companies

20 Apr 2012

Anant Raj Industries is currently trading at Rs. 57.90, up by 0.50 points or 0.87% from its previous closing of Rs. 57.40 on the BSE.

The scrip opened at Rs. 57.50 and has touched a high and low of Rs. 59.95 and Rs. 57.15 respectively. So far 808831 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 96.50 on 26-Apr-2011 and a 52 week low of Rs. 35.30 on 22-Dec-2011.

Last one week high and low of the scrip stood at Rs. 59.95 and Rs. 57.15 respectively. The current market cap of the company is Rs. 1711.56 crore.

The promoters holding in the company stood at 61.93% while Institutions and Non-Institutions held 24.90% and 12.99% respectively.

Anant Raj Industries has received an approval to make investment of up to Rs 5 lakh each in the equity share capital of Anant Raj Infrastructure, Blue Star Realty, Destination Properties, Green Valley Builders, Grandstar Realty, Moments Realtors and One Star Construction. The board at its meeting held on April 18, 2012 has approved for the same.

Pursuant to acquisition of share capital, theses companies would become the wholly owned subsidiaries of the company.

Anant Raj Industries is armed with one of the largest land banks in the region and is in the process of building an array of Special Economic Zones (SEZs), IT Parks, Hotels, Commercial Complexes, Malls, Residential / Service Apartment and other infrastructure projects.

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Anant Raj Share Price

59.60 2.80 (4.93%) Mar 05, 18:59
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Peers
Company Name CMP
Dilip Buildcon 669.40
NBCC (India) 50.85
Sobha 461.25
JMC Projects (India) 78.50
Prestige Estate Proj 294.90
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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