Ajmera Realty & Infra India is currently trading at RS. 786.25, marking an increase of 1.95 points or 0.25% from its previous close of RS. 784.30 on the BSE.
The stock opened at RS. 801.00 and recorded an intraday high of RS. 804.00 and a low of RS. 777.00. A total of 3,973 shares have been traded so far.
Ajmera Realty, a BSE group 'B' stock with a face value of RS. 10, hit a 52-week high of RS. 1225.80 on 07-Jan-2025 and a 52-week low of RS. 566.05 on 04-Jun-2024. Over the past week, the stock has ranged between RS. 844.50 and RS. 763.85. The company currently has a market capitalization of RS. 3,094.61 crore.
Promoters hold 68.23% of the company's shares, while Institutions and Non-Institutions hold 2.69% and 29.07%, respectively.
Ajmera Realty has been appointed for the redevelopment of Ascot Co-operative Housing Society in Shastri Nagar, Andheri West, Mumbai. The project, spanning 2,319 square meters, will be developed in a single phase and is expected to generate estimated sales revenue of RS. 320 crore, with a total carpet area of approximately 71,300 square feet.
Shastri Nagar holds historical significance for the Ajmera Group, having been initially developed by the company. This redevelopment project aligns with Ajmera Realty’s strategy to expand through asset-light acquisitions, with a growing focus on redevelopment initiatives. The company has recently added four new projects, contributing to a total GDV (Gross Development Value) of about RS. 2,770 crore, reinforcing its fiscal growth strategy.
Ajmera Realty & Infra India continues to be recognized as one of India's leading real estate companies.