Ajmera Realty & Infra India is currently trading at Rs. 229.75, up by 10.85 points or 4.96% from its previous closing of Rs. 218.90 on the BSE.
The scrip opened at Rs. 220.90 and has touched a high and low of Rs. 234.35 and Rs. 220.40 respectively. So far 28624 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 365.65 on 08-Dec-2017 and a 52 week low of Rs. 175.00 on 11-Aug-2017.
Last one week high and low of the scrip stood at Rs. 234.35 and Rs. 187.10 respectively. The current market cap of the company is Rs. 815.80 crore.
The promoters holding in the company stood at 63.25%, while Institutions and Non-Institutions held 0.09% and 36.67% respectively.
Ajmera Realty & Infra India has acquired 5.5 acres of land at Electronic City-2, in Bengaluru through the company’s wholly owned subsidiary which has a potential to develop 5.5 lakhs sq ft, which may generate revenue of around Rs 300 crore in three years span.
Earlier, the company had launched project of 7 lakh sq ft. In addition to that, now the total area under development in Bengaluru, along with the existing projects is around 14 lakh sq. ft., which will generate revenue of Rs 700 crore around, over a period of 3 to 4 years.
Ajmera Realty is primarily engaged in real estate development. Its real estate business caters to the mid and hi-end housing segments.
