Anant Raj Limited’s stock jumped nearly 3% after the company announced a strategic agreement with CSC Data Services India Limited (CDSIL), a subsidiary of CSC E-Governance Services India Limited. The deal, executed on February 17, 2025, focuses on expanding the Rack Rental Business (Co-location Data Center) and Cloud Services for government and private organizations.
Under the partnership, Anant Raj Cloud Pvt. Ltd. (ARC), a 100% subsidiary of Anant Raj Limited, will provide technology, marketing, and implementation support to CDSIL. This collaboration aims to enhance sovereign Data Centre and Cloud Services, ensuring robust infrastructure and secure data management.
The move is expected to strengthen Anant Raj’s presence in the booming data center industry, aligning with India’s growing digital infrastructure needs. Investors responded positively, pushing the stock higher amid optimism surrounding the company’s future prospects in the cloud and data services sector.
Anant Raj shares opened at Rs 529.85, with a high of Rs 535.80 and a low of Rs 525.95. The stock has seen significant volatility over the past 52 weeks, reaching a high of Rs 947.90 and a low of Rs 281.00.
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