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This smallcap real estate stock has zoomed 85% within 2 months

Business Standard LogoBusiness Standard8h ago

This smallcap real estate stock has zoomed 85% within 2 months - Business Standard

Quick Summary:

Ajmera Realty & Infra India (ARIIL) hit a new high of Rs 1,120, gaining 6 per cent on the BSE in Thursday's intra-day trade on healthy outlook.

On October 18, 2024, the company’s board had approved the issue and allotment of 3.16 million equity shares on preferential basis at an issue price of Rs 711 per share aggregating to Rs 225 crore.

Ajmera Realty & Infra India's core operating regions, namely Mumbai and Bengaluru, a myriad of opportunities awaits us, the management said.


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Category: BusinessFinance

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-28 @ 11:00:09 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 680 words

Reading Time: 4 minutes read

Sentences: 21 lines

Sentence Length: 33 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23913795

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News Last Updated: 3 hours ago

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