Ajmera Realty & Infra India rose 9.05% to Rs 213.35 at 15:19 IST on BSE after consolidated net profit rose 107.96% to Rs 14.10 crore on 101.70% increase in total income from operations to Rs 90.36 crore in Q1 June 2017 over Q1 June 2016.
The result was announced during trading hours today, 31 August 2017.Meanwhile, the S&P BSE Sensex was up 88.71 points, or 0.28% to 31,735.17.
On the BSE, 1.54 lakh shares were traded in the counter so far, compared with average daily volumes of 21,396 shares in the past one quarter. The stock had hit a high of Rs 219.80 and a low of Rs 200 so far during the day. The stock hit a 52-week high of Rs 252.20 on 31 May 2017. The stock hit a 52-week low of Rs 95.25 on 21 November 2016.
The stock had underperformed the market over the past one month till 30 August 2017, falling 7.30% compared with 2.85% decline in the Sensex. The scrip had also underperformed the market in past one quarter, falling 20.32% as against Sensex's 1.63% rise. The scrip had outperformed the market in past one year, rising 37.88% as against Sensex's 11.23% rise.
The small-cap company has equity capital of Rs 35.48 crore. Face value per share is Rs 10.
Ajmera Realty & Infra India is one of India's leading real estate company. It has a strong presence in and around Mumbai, Ahmedabad,and Bangalore as well as an international project in Bahrain.
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