India's Ajmera Realty up most in over 1-1/2 yrs on Q2 sales surge

Ajmera Realty & Infra India

10/10/2023 06:51

** Shares of Ajmera Realty and Infra  AJME.NS  rise as much
as 13.6% to 423.9 rupees, highest since Feb. 16, 2022
    ** Stock sees steepest intraday jump since Dec. 28, 2022
    ** Co reports 52% YoY surge in sales during September qtr,
collection up 8%
    ** Co acquired three new projects with gross development
value of 8 bln rupees ($96.10 mln) during Q2
    ** More than 974,864 shares traded by 11:15 a.m. IST, vs
10.5x the 30-day avg
    ** Stock up nearly 34% YTD, including session's gains



($1 = 83.2500 Indian rupees)

 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))