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AJMERA — Ajmera Realty & Infra India News Story

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Ajmera Realty & Infra India rises after Q1 profit growth

** Shares of Ajmera Realty & Infra India Ltd AJME.NS rise as much as 4.1% to 928.7 rupees

** Real estate developer reported a 21.8% y/y rise in Q1 consol PAT to 382.8 mln rupees ($4.4 mln); rev grew 33.4%

** More than 164,000 shares traded as of 2:02 p.m. IST, 2.2x their 30-day moving avg

** AJME last up 2.9%, cutting YTD losses to 17.3%

($1 = 86.3600 Indian rupees)

 (Reporting by Meenakshi Maidas in Bengaluru)

 ((meenakshi.maidas@thomsonreuters.com;))

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