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Ajmera Realty & Infra India is currently trading at Rs. 1058.35, up by 11.25 points or 1.07% from its previous closing of Rs. 1047.10 on the BSE.

The scrip opened at Rs. 1065.80 and has touched a high and low of Rs. 1120.00 and Rs. 1040.75 respectively. So far 36038 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1,120.00 on 28-Nov-2024 and a 52 week low of Rs. 398.88 on 12-Dec-2023.

Last one week high and low of the scrip stood at Rs. 1120.00 and Rs. 872.60 respectively. The current market cap of the company is Rs. 4149.63 crore.

The promoters holding in the company stood at 74.20%, while Institutions and Non-Institutions held 2.28% and 23.53% respectively.

Ajmera Realty & Infra India (ARIIL) has repaid Rs 100 crore of its corporate debt. The repayment is facilitated from the funds raised through the recent equity offering of Rs 225 crore. The debt reduction ahead of its scheduled due date is expected to help the company post better returns on grounds of lower interest payments on existing debt. Outstanding debt has been reduced from Rs 793 crore (as per 2QFY25) to Rs 693 crore.

The company has been efficiently managing and improving its debt profile with sustained positive momentum and this development comes as a significant boost towards debt reduction. Along with this, ARIIL plans to use the equity funds to accelerate its momentum for project launches, and to further strengthen its corporate functionalities. The holistic growth trajectory and year-on-year debt equity ratio performance reflect the buoyancy and bullish approach of the company towards attaining the ambitious 5x growth. 

Ajmera Realty & Infra India is primarily engaged in real estate development. Its real estate business caters to the mid and hi-end housing segments. It also operates in the hospitality and entertainment, which includes dome theatres, retail and malls, etc.