Thursday , 18 July 2019
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Ajmera Realty & Infra India surges as its comes up with joint development of commercial units

Ajmera Realty & Infra India surges as its comes up with joint development of commercial units

Mumbai : Ajmera Realty & Infra is currently trading at Rs. 161.10, up by 3.70 points or 2.35% from its previous closing of Rs. 157.40 on the BSE. The scrip opened at Rs. 160.00 and has touched a high and low of Rs. 162.85 and Rs. 160.00 respectively. So far 1422 shares were traded on the counter. The BSE group ‘B’ stock of face value Rs. 10 has touched a 52 week high of Rs. 234.00 on 27-Aug-2018 and a 52 week low of Rs. 131.35 on 10-Dec-2018.

Last one week high and low of the scrip stood at Rs. 173.75 and Rs. 157.10 respectively. The current market cap of the company is Rs. 574.85 crore. The promoters holding in the company stood at 74.99%, while Institutions and Non-Institutions held 0.27% and 24.73% respectively. Ajmera Realty & Infra in alliance with local partner of Mumbai has come up with Joint Development of Commercial units at project located at Ashok Mills lane,off LBS Marg,Ghatkopar (W), Mumbai.

This joint Development represents a major step forward in realizing the Company’s vision to build a trusted name for the commercial era too, servicing more demands of different genre. The project has received zero IOD and has initiated demolition. The turnaround tenure for completion of project will sprawl upto 3 to 4 years. It is in the heart of LBS, Marg, and Ghatkopar with ease of connectivity to Metro, Railway station and Highways too. Ajmera Realty & Infra is primarily engaged in real estate development. Its real estate business caters to the mid and hi-end housing segments.



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