News for Ajmera Realty & Infra India Limited (AJMERA.NS)

Ajmera Realty & Infra India Ltd repays ₹100 crore debt, aims to lower interest payments and accelerate project launches.

The uptick in the Ajmera Realty share price came after the company announced its June quarter of financial year 2025 (Q1FY25) results.

Ajmera Realty & Infra secures ₹500 crore credit facilities for Ajmera Manhattan project, showcasing financial reliability and growth vision.

The project, which is expected to be launched in next calendar year, is a redevelopment that is expected to lead to a sale potential of ~3,42,000 sq. ft. of RERA carpet area with an expected Gross Development Value (GDV) of ~ Rs 1,200 crore.

The project in Malad area of Mumbai will include component of rehousing 342 existing members of both the societies, and this redevelopment will lead to sale potential of 3.42 lakh sq ft of RERA carpet area, according to company statement

Bengaluru's Ajmera Luxe Realty embarks on a redevelopment project in Bandra West, with a 50% stake and a GDV of ₹760 crore.

Mumbai redevelopment news: Both companies will hold a 50 percent stake in the project and the project is aimed at delivery of premium luxury residential apartments with an estimated carpet area of approximately 130,000 sqft for sale, according to the statement issued by Ajmera Realty.

Ajmera Realty & Infra India director Dhaval Ajmera is confident of achieving the sales target of Rs 1,000 crore for FY24 after the stellar December quarter numbers

On December 19, Fahrenheit Fun and Games sold 7 lakh shares in Ajmera Realty and Infra India at Rs 425 per share.

Stocks to watch: Check out the companies making headlines before the opening bell today, on December 20, 2023.

, and Ushdev International.Markets on BSE hit $4T market-cap; NSE Nifty crosses 20,000. BSE MidCap & SmallCap up 0.77% & 0.37%. Gainers incl. Aster DM, Marksans Pharma, Adani Total Gas, Torrent Power, Minda. Losers incl. Aether Industries, Greenlam Industries, CSB Bank. FII inflows expected to support market. Pre-election volatility expected; Nifty likely to surpass 21,000. 19,500 to serve as support.

Based on the OI percentage, 80 stocks, including Manappuram Finance, Hindustan Petroleum Corporation, Ipca Laboratories, Delta Corp and BPCL, saw a long build-up.

Based on the OI percentage, 92 stocks, including Glenmark Pharma, Tata Communications, JK Cement, India Cement, and Britannia Industries, saw a long unwinding.

Buzzing stocks of Sun Pharma, HDFC Bank, Axis Bank, IndusInd Bank, Kotak Mahindra Bank, Wipro, TMB, HDFC Asset Management, AMI Organics, Kernex Micro, Mahaagar Seamless, Gujarat Industries, Shree Digvijay Cement, Dalmia Cement, Hernia Ind, Goldstone Tech, Ajmera Realty, TTML, IIFL Securities, Persistent Systems

Based on the open interest future percentage, a short build-up was seen in 122 stocks including Sun TV Network, Hindustan Copper, Dr Reddy's Laboratories, Nifty, and Chambal Fertilizers

Based on the open interest future percentage, there were 56 stocks in which a short build-up was seen including Nifty Financial, Honeywell Automation, Kotak Mahindra Bank, Sun Pharma, and Bank Nifty.

Stocks In the News: Check out the companies making the biggest headlines before the opening bell

S&P BSE Sensex has hit a low of 59,021 on Thursday, down more than 500 points from yesterday’s close while NSE Nifty 50 hit a low of 17,640, falling 140 points from the previous closing.

The Nifty50 index has breached below the key moving averages - 20 SMA (17,780), 50 SMA (17,485), and 100 SMA (17,640), says Malay Thakkar of GEPL Capital.