Wednesday, March 05, 2025 | 05:33 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Anant Raj spurts after bagging licences to set up projects in Haryana

Image

Capital Market

The company made the announcement during market hours today, 9 July 2013.

Meanwhile, the S&P BSE Sensex was up 128.61 points, or 0.67%, to 19,453.38.

On BSE, 5.64 lakh shares were traded in the counter as against an average daily volume of 2.75 lakh shares in the past one quarter.

The stock hit a high of Rs 55.45 and a low of Rs 50.50 so far during the day. The stock had hit a 52-week high of Rs 104.30 on 4 December 2012. The stock had hit a 52-week low of Rs 43 on 17 August 2012.

The stock had underperformed the market over the past one month till 8 July 2013, sliding 15.92% compared with the Sensex's 0.54% fall. The scrip had also underperformed the market in past one quarter, falling 13.05% as against Sensex's 4.81% rise.

 

The small-cap company has an equity capital of Rs 59.02 crore. Face value per share is Rs 2.

Anant Raj said it received a licence from the Directorate of Town & Country Planning, Haryana, to set up a residential group housing colony at Sector 63-A, Gurgaon, Haryana over an area admeasuring 26.075 acres. The project will have a saleble area of 2.8 million square feet.

The company also received licences to set up commercial project at Sector 63-A, Gurgaon, Haryana over an area admeasuring 4 acres and 2.95 acres. The project will have saleable area of 0.8 million square feet.

On a consolidated basis, Anant Raj reported a net loss of Rs 34.56 crore in Q4 March 2013 compared with a net profit of Rs 12.21 crore in Q4 March 2012. Net sales surged 217.2% to Rs 140.60 crore in Q4 March 2013 over Q4 March 2012.

Anant Raj Group is one of the leading construction and infrastructure developers in North India.

Powered by Capital Market - Live News

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 09 2013 | 2:11 PM IST

Explore News