A leading real estate and data centre-focused stock extended its winning streak on Monday, surging more than 7% in early trade and taking its gains to over 25% in the past five sessions. The stock has seen strong buying interest from investors amid bullish sentiment in the broader realty space and growing traction for data centre assets.
In the past month, the stock has risen sharply from around ₹545 levels to cross ₹680. On Monday, it opened at ₹644.40 and climbed to a high of ₹687.00, before quoting at ₹684.55 at 9:53 am IST. The company currently commands a market capitalisation of over ₹23,000 crore, with a price-to-earnings ratio of 50.89. It trades at a dividend yield of 0.11% and has a 52-week range between ₹376.15 on the lower side and ₹947.90 on the higher side.
The sharp uptick has drawn attention to the stock, which has been a strong performer within the real estate pack, supported by its growing data centre business portfolio.
The company in focus is Anant Raj Ltd, which has been gaining traction on the back of rising demand for commercial and digital infrastructure projects.
Disclaimer: The above article is based on stock performance data provided. The views mentioned are not investment recommendations, and readers should not construe them as advice to buy, sell, or hold any stock.
