The total project cost is estimated at around Rs 500 crore, and the project, initiated on May 25, 2024, is scheduled to be completed within four years from the start of construction.

The stock gave multibagger returns of over 100 per cent in just 1 year and a whopping 370 per cent in 3 years.

The shares of the company have a PE of 20.1x whereas the industry PE is 39.2x and a ROE of 26.40 per cent & a ROCE of 32 per cent.

Ajmera Realty and Infra Limited (ARIIL) is in the business of providing residential and rented commercial properties. The company reported amazing numbers in its quarterly results and annual results.  

The company has a market capitalization of over Rs 2100 crore. It has also reduced its debt and has been maintaining a healthy dividend payout of 41.8 per cent. The company has reported excellent numbers in its quarterly results and annual results.

Today, shares of the company saw a spurt in volume by more than 6.69 times on BSE.  

On an intraday basis on Thursday, shares soared more than 8 per cent and reached a day's high of Rs 377.55 per share on the BSE