Ajmera Realty & Infra India Ltd

(AJMERA)

Ajmera Realty Faces Delays Amid Elections and NGT Orders - 31 Oct, 2024

Property developers, including Ajmera Realty, report ongoing sustenance sales from existing projects. However, new launches are hindered by election-related delays and National Green Tribunal orders affecting approvals.

Ajmera Realty Reports Strong Sales Growth and Future Plans - 29 Oct, 2024

Ajmera Realty reported significant growth in both standalone and consolidated net sales for September 2024. The company aims for 40% pre-sales growth over the next two years, supported by new project launches.

Ajmera Realty Reports Strong Q2 Earnings Growth - 28 Oct, 2024

Ajmera Realty & Infra India Limited announced a 57% increase in Q2 FY2024 net profit to ₹35.35 crore, with total income rising to ₹204.12 crore. The company also raised ₹225 crore through a preferential allotment, reflecting strong investor confidence.

Ajmera Realty Hits New High After Share Allotment - 21 Oct, 2024

Ajmera Realty & Infra India shares surged 5% to a new high of Rs 908 after the board approved the preferential issue of equity shares worth Rs 225 crore. The company expects strong revenue growth from ongoing and upcoming projects, with a total revenue potential of Rs 6,430 crore.

Ajmera Realty Hits 52-Week High Amid Strong Investor Activity - 20 Oct, 2024

Ajmera Realty & Infra India Ltd shares surged 8.66% to a 52-week high of Rs 874, driven by Mukul Agrawal's purchase of 7,59,493 shares. The stock has delivered impressive returns of 115% in one year and 670% over five years. The company also approved a preferential allotment of shares, subject to approvals. Investors are encouraged to monitor this small-cap stock.

Ajmera Realty Secures ₹225 Crore Through Share Allotment - 18 Oct, 2024

Ajmera Realty & Infra India Ltd. approved a preferential issue of shares worth ₹225 crore, with Mukul Agrawal investing ₹54 crore for a 1.93% stake. The stock surged 9% following the announcement, reflecting strong investor interest and positive market sentiment.

Ajmera Realty Shares Surge on Q2 Update - 15 Oct, 2024

Ajmera Realty shares hit the 20% upper circuit at ₹804.20 following a Q2 business update, reporting a 1% increase in sale bookings to ₹254 crore, driven by strong demand for residential properties.

Ajmera Realty Reports 1% Rise in Q2 Sales - 12 Oct, 2024

Ajmera Realty & Infra India Ltd reported a 1% increase in Q2 FY25 sale bookings to Rs 254 crore, reflecting strong demand for residential properties. The total sale bookings for April-September 2024-25 rose 18% to Rs 560 crore compared to the previous year.

RBI's Repo Rate Decision Positively Impacts Realty Sector - 10 Oct, 2024

The Reserve Bank of India's decision to maintain the repo rate is expected to enhance demand in the real estate sector during the festive season, according to Ajmera Realty's CEO. This move is seen as beneficial for realty players.

Ajmera Realty Reports Strong Q2 Performance - 09 Oct, 2024

Ajmera Realty & Infra India Ltd posted a stable Q2FY25 performance with a 1% increase in sales to ₹254 crore and a 20% rise in collections to ₹133 crore. The company noted strong demand for luxury properties and early success in new projects, indicating positive market sentiment.