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Anant Raj on a gaining spree

Capital Market 

Anant Raj surged 5.77% to Rs 66 at 12:45 on BSE, with the stock extending gains to eighth straight trading session.

Meanwhile, the S&P Sensex was up 18.53 points or 0.06% at 31,765.62. The S&P Small-Cap index rose 55.97 points or 0.35% at 15,862.40.

On the BSE, 9.39 lakh shares were traded on the counter so far as against the average daily volumes of 2.28 lakh shares in the past two weeks. The stock had hit a high of Rs 66.80 and a low of Rs 63 so far during the day.

Shares of Anant Raj have surged 14.78% in eight trading sessions to its current market price, from its close of Rs 57.50 on 30 June 2017.

On consolidated basis, Anant Raj's net profit surged 84.15% to Rs 18.95 crore on 3.41% decline in total income to Rs 140.79 crore in Q4 March 2017 over Q4 March 2016.

Anant Raj Group is one of the leading construction and infrastructure developers in North India.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, July 12 2017. 12:46 IST