Anant Raj stock jumps 8% in midday trade, leads realty gainers on heavy volume

Shares of Anant Raj Ltd experienced a significant surge of over 8% in midday trading on Thursday, making it the leading gainers on the Nifty Realty index. By 12:25 pm, the stock reached a price of ₹636.30, up ₹47.45 from its previous close of ₹588.85. The intraday high was reached at ₹640.25, with 60.1% of orders coming from buyers.

Trading volume was notably high, with over 1 crore shares exchanged by 11 am, approximately 8.4 times the 10-day average. This volume surged to 170.86 lakh shares by midday, resulting in a traded value of more than ₹1,075 crore. This performance comes in the wake of several important corporate developments over the past few months.

In July, the company's board approved a Composite Scheme of Arrangement to demerge its data center and cloud services business into a separate entity called Ashok Cloud Private Limited. Shareholders of Anant Raj will receive one share of Ashok Cloud for every share held in Anant Raj, subject to approvals from various regulatory authorities.

The company also reported strong earnings for the June 2026 quarter, with net profit increasing by 19% year-on-year to ₹150 crore, revenue up by 7% to ₹631 crore, and EBITDA growing 22% to ₹183 crore. EBITDA margins improved to 29.1% from 25.4% a year earlier. Despite the sharp gains, the stock remains 17.6% below its 52-week high of ₹743.65, which was achieved in October 2025.

This represents the stock's biggest single-day gain in roughly five months and its biggest gain in nearly five months over a one-year period. The stock has only rallied three times in the last ten trading sessions and has outperformed the Nifty Realty index by 17.24% over the past year, compared to the index's 2.62% return.