Oct 16, 2023

Anant Raj's New Projects Drive 2% Share Price Surge

Shares of Anant Raj rose by 2% to reach a new 52-week high of Rs 244 following the announcement of two new projects as reported by Money Control. The company is launching "Anant Raj Centre" in South Delhi, a 700,000-square-foot development featuring office space, hospitality, and serviced apartments. Additionally, the firm is commencing "Anant Raj Aashray-11," an affordable housing project in Tirupati, Andhra Pradesh, with a saleable area of approximately 10,00,000 square feet. These positive developments have bolstered investor confidence and driven the share price increase. The company is scheduled to release its September quarter earnings on October 21.