Anant Raj Limited up by 7.85%: Traders Market Update | Espresso

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Espresso Shot of the Day - Anant Raj Limited up by 7.85 percent

October 20, 2022
Espresso Shot of the Day - Anant Raj Limited up by 7.85 percent

ANANT RAJ LIMITED 108.55 (+7.85%) BSE – INE242C01024 | 20th October 2022

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Anant Raj Limited has been constantly reshaping the Indian Real Estate Industry with its customer-centric focus. With the tradition of excellence and commitment, the company offers an amalgamation of unmatched Innovation and stellar engineering designs. Building stronger foundations stay at the core of their vision for people to have a glorious and promising future. Anant Raj Limited is renowned for its expertise in nearly every vertical of the Real Estate business. The Company has a team of experts to accomplish projects of any size or scope and deliver an unparalleled track record.


Recent Drivers

  • Anant Raj Limited reported a quarterly net profit of Rs.33.54 crores in September 2022, up 128.32% from the Rs. 14.69 crores declared in September 2021. on October 20,2022.
  • Anant Raj Limited reported net sales of Rs.251.62 crores in September 2022, up 191.26% from the Rs. 86.39 crores in September 2021 on October 20,2022.
  • The Anant Raj Group launched its first project with TARC Ltd in New Delhi. The new project on three acres of land is expected to be completed by the end of 2025. The developers are also coming up with 4-5 projects by next year. The real estate firm will develop the ‘Tripundra’ project with a Rs.500-crore investment, said TARC CEO in an interaction with the media on October 14,2022. 
  • Anant Raj allotted non-convertible debentures of face value of Rs.10,00,000 aggregating to Rs.25 crores on private placement basis to Touchstone Trust Scheme II on September 9,2022
  • Company declared a final dividend of Rs.0.12 per share (i.e. 6% on Rs. 2/- fully paid-up share) on May 16, 2022, for the financial year 2021-22. The final dividend declaration shall be subject to the approval of shareholders at its ensuing Annual General Meeting of the Company. The record date for the same was July 1,2022.


(Sources: BSE, Money control, Business Standard, Capital Market)


Technical Force*

  • S&P BSE Small cap month till date gain by 1.00%.
  • 3 months avg. NSE volume: 2,854,406.
  • Quantity traded: 3,92,873| Deliverable quantity: 1,16,880 (29.75%).
  • Stock price jumped by more than 150 % from a one-year low level: 42.65 (June 20, 2022)
  • Daily RSI (14) is near oversold territory today.
  • 52-week-high: 109.90| 52-week-low: 42.65.


Key Pivot (Yearly)

R4

R3

R2

R1

PP /FIB PP

S1

S2

S3

S4

Pivot Point

-

152.42

116.93

97.12

61.63

41.82

6.33

-

-

Fibonacci Pivot

116.93

95.81

82.76

74.35

61.63

48.91

40.51

27.46

6.33


Today’s Close

108.55

SMA

BSE

10 DAY

103.01

20 DAY

97.11

50 DAY

87.79

200 DAY

70.56


Some Key Ratios (Source: BSE)

Market Cap:  3,518.07 Crores

PE:  42.38

OPM%: 25.63

ROE%:  3.08

Promoters holding%: 63.76

Prev. Close:  100.65


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The scope and usability of this information/data is time-sensitive and market-based, and as such the same may become outdated for the investment decisions of clients, for which Espresso Financial Services Pvt. Ltd bears no responsibility. References to securities do not constitute a recommendation to buy, sell or hold such securities. The user assumes the entire risk of any use made of this information. Each recipient of this document should make such investigations as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this document and should consult his own advisors to determine the merits and risks of such an investment. Espresso Financial Services Pvt. Limited is under no obligation to update the information in this document from time-to-time.

Chandresh Khona
by Chandresh Khona

Product Offerings Head

A teacher, writer, travel buff and now Espresso's Product Offerings Head. Ten years here has allowed me to lead the digital team at Sharekhan. My true passion lies in stock market charts.