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ANANTRAJ (NSE) -Is it good time to invest in Anant Raj? Multi year breakout ARL, the flagship company of Anant Raj Group, was incorporated in 1985 and started manufacturing of ceramic tiles later in 1985 and subsequently got listed in 1989. Later, the company also operated as a contractor for the Delhi Development Authority. In 2003, the company entered into Real Estate Development as 'Anant Raj Limited'. The company gradually acquired land parcels and currently has approximately 1050 acres in the Delhi, NCR and Haryana. The group is promoted by Mr. Ashok Sarin and family. Key Assets The commercial assets include three IT Parks at Rai, Manesar and Panchkula, one shopping mall in Karol Bagh, Commercial Building at Sector 44 Gurugram and two hotels that provide steady rental income. Co. has a total developed area of 5.5 msf commercial space of which ~30% space is already leased out and generating income. Revenue (FY20) Real Estate Sales: 89% Rental and Services: 11% 🚩 Rating withdrawn due issuer not cooperating Disc: No invested , Disclaimer Information shared, and all content we produce is intended for education and entertainment purposes. Any advice is general advice only and has not taken into account your personal financial circumstances, needs or objectives. No, buy or sell recommendation. Before acting on general advice, please speak to a financial professional.
NSE:ANANTRAJ
by Peaceful-Weekend-Investing