# ANANTRAJ (ANANTRAJ) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/anantraj

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹606.65
- Change: +1.63%
- As of: 2026-09-18
- 1D return: +1.52%
- 5D return: -0.47%
- 1M return: -4.39%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, ANANTRAJ is trading at ₹606.0, showing a mixed technical stance across different timeframes. The daily timeframe indicates a bearish trend, with the price below the Supertrend indicator and both the 20-day and 50-day Simple Moving Averages (SMAs). However, the weekly and monthly timeframes present a more constructive picture, with the price trading above key moving averages and the Supertrend indicator on the weekly chart suggesting a bullish trend. This divergence suggests potential short-term weakness within a broader longer-term uptrend.

The stock is currently positioned near its nearest support level at ₹604.93, which is approximately 0.18% below the current price. Key resistance is observed around ₹612.97, about 1.15% higher. The stock's recent market activity shows 2 positive attention events and 0 downside events in the last 30 days. The annualized volatility stands at 53%, with a current drawdown of -35% and a maximum drawdown of -57% observed.

Key watch conditions include monitoring the price action around the ₹604.93 support level. A break below this could signal further downside. Conversely, a sustained move above the nearest resistance at ₹612.97, especially with increasing volume, could indicate a strengthening of the bullish momentum. The formation of a 'Hammer' pattern on the weekly chart and 'Harami' and 'Doji' patterns on the monthly chart warrant attention for potential trend continuation or reversal signals.

- Current price on September 18, 2026: ₹606.0
- Nearest support level: ₹604.93 (approx. 0.18% below current price)
- Nearest resistance level: ₹612.97 (approx. 1.15% above current price)
- Daily timeframe shows a bearish trend (price below Supertrend, 20-day SMA, 50-day SMA)
- Weekly timeframe shows a bullish trend (price above Supertrend, 20-day SMA, 50-day SMA)
- Annualized volatility: 53%
- Current drawdown: -35%

- Hammer
- Harami
- Doji
- Bullish Engulfing Reversal
- Morning Star
- Outside Bar

### News Context

During the week ending September 18, 2026, Anant Raj was mentioned in the context of a broader market trend impacting technology and artificial intelligence-related stocks. On September 15, reports indicated that shares of companies including Anant Raj, Netweb Tech, E2E Networks, and Black Box experienced declines of up to 7% amid fears of an artificial intelligence slowdown. This occurred against a backdrop of a generally positive market, with the S&P BSE Sensex and Nifty 50 indices trading higher on September 16. Separately, on the same day, industry-wide data indicated a significant projected expansion in India's data center development pipeline through 2030, with a target of 3,860 MW requiring substantial capital investment.

- On September 15, 2026, Anant Raj's stock experienced a decline of up to 7% alongside other technology and AI-related companies due to concerns about a potential slowdown in the artificial intelligence sector.
- On September 16, 2026, broader market indices like the S&P BSE Sensex and Nifty 50 showed gains, trading higher by 0.43% and 0.51% respectively.
- India's data center development pipeline is projected to reach 3,860 MW by 2030, requiring an estimated $29.9 billion in capital investment, with Mumbai, Hyderabad, and Chennai identified as key development markets.

- Indices trade higher; realty shares plunge
- India's Data Centre development pipeline through 2030 reaches 3,860 MW
- Netweb Tech, E2E Networks, Black Box fall up to 7% as AI slowdown fears hit Indian stocks

### What Changed

The company Anant Raj, trading on the NSE, has experienced a slight increase in its stock price. As of September 18, 2026, the price was ₹606.0, up from ₹596.9 on the previous day. No new filings or news were reported on this date. The company's profile and trading exchange remain unchanged.

- Stock price increased to ₹606.0 on September 18, 2026, from ₹596.9 on the prior day.
- No new filings or news were reported on September 18, 2026.
- The company continues to trade on the NSE.

### Official Filings

Anant Raj Limited has disclosed plans for a significant corporate restructuring involving a demerger of its data center and cloud operations into a separate entity, Ashok Cloud Pvt. Ltd. This strategic move, approved by the Board on July 21, 2026, and detailed in an investor presentation on August 11, 2026, aims to create two distinct listed companies. One will focus on real estate infrastructure, while the other, Ashok Cloud, will concentrate on digital services. Shareholders are expected to receive one equity share of Ashok Cloud for every share held in Anant Raj. The company also reported its unaudited financial results for the quarter ended June 30, 2026, with consolidated revenue at ₹631.40 crores and a net profit of ₹148.71 crores. In addition to the demerger, the company has been actively engaging with institutional investors and analysts, with scheduled meetings in Gurugram on September 18, 2026, as part of the Jefferies 5th India Forum 2026, and a non-deal roadshow in Singapore from August 24 to 26, 2026. The company has also responded to exchange queries regarding increased trading volume, stating no undisclosed material information was available.

- On August 11, 2026, Anant Raj Limited announced a strategic demerger of its data center and cloud operations into a new entity, Ashok Cloud Pvt. Ltd., with shareholders to receive shares in the new company.
- The company reported unaudited financial results for Q1 FY27 on August 8, 2026, showing consolidated revenue of ₹631.40 crores and a net profit of ₹148.71 crores.
- Anant Raj Limited will participate in the Jefferies 5th India Forum 2026 with investor meetings scheduled for September 18, 2026, in Gurugram.
- A non-deal roadshow was conducted in Singapore from August 24 to 26, 2026, organized by Kotak Institutional Equities.
- On September 4, 2026, the company responded to the NSE regarding a spurt in trading volume, stating no material price-sensitive information was undisclosed.

- Anant Raj Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- ANANT RAJ LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Anant Raj Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication
- Significant increase in volume has been observed in Anant Raj Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Anant Raj Limited has submitted their response. |SUBJECT: Spurt in Volume
- Significant increase in volume has been observed in Anant Raj Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written to the company. The response from the company is awaited. |SUBJECT: Spurt in Volume
- Anant Raj Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Anant Raj Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation
- ANANT RAJ LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Anant Raj Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 07, 2026 |SUBJECT: Shareholders meeting
- Anant Raj Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026. |SUBJECT: Outcome of Board Meeting

### Fundamentals

Anant Raj's reported revenue from operations has shown a relatively stable trend across the recent quarters. For Q1 FY2026-27, revenue stood at ₹631.40 crore, a slight decrease from ₹646.81 crore in Q4 FY2025-26 and ₹641.59 crore in Q3 FY2025-26. Expenses followed a similar pattern, decreasing to ₹465.42 crore in Q1 FY2026-27 from ₹500.06 crore in Q4 FY2025-26. Finance costs saw a significant reduction, falling to ₹1.20 crore in Q1 FY2026-27 from ₹3.80 crore in Q4 FY2025-26 and ₹3.31 crore in Q3 FY2025-26. This reduction in finance costs, coupled with controlled operating expenses, contributed to an increase in Profit Before Tax, which rose to ₹185.33 crore in Q1 FY2026-27 from ₹175.35 crore in Q4 FY2025-26. Consequently, Profit Loss for the period also saw an uptick, reaching ₹149.19 crore in Q1 FY2026-27 compared to ₹148.71 crore in Q4 FY2025-26. Tax expense, however, increased to ₹39.20 crore in Q1 FY2026-27 from ₹25.46 crore in Q4 FY2025-26.

The company's ability to maintain profitability despite minor revenue fluctuations is noteworthy. The reduction in finance costs is a positive signal for earnings quality. Investors may want to monitor the sustainability of these expense controls and the impact of tax rate changes on net profit. The company's operating performance appears resilient, with profit before tax showing an upward trend in the latest reported quarter.

- Revenue from operations for Q1 FY2026-27 was ₹631.40 crore.
- Profit Loss for the period in Q1 FY2026-27 was ₹149.19 crore.
- Finance costs decreased significantly to ₹1.20 crore in Q1 FY2026-27.
- Profit Before Tax increased to ₹185.33 crore in Q1 FY2026-27.
- Tax expense for Q1 FY2026-27 was ₹39.20 crore.

### Bull Case

The company's operating performance shows constructive signals on a weekly basis, with the Supertrend indicator in a bullish direction as of September 18, 2026. This is supported by a positive EMA 20 slope of 19.84 over five periods and an SMA 20 slope of 32.92 over five periods, indicating upward momentum. While the daily trend shows a bearish Supertrend direction, the longer-term weekly trend suggests potential for improvement. The company has also experienced positive returns over certain periods, including a 29% return in the last six months and a 15% return in the last three months, indicating recent investor interest and positive price movement.

- As of September 18, 2026, the weekly trend for Anant Raj shows a bullish Supertrend direction.
- The weekly trend exhibits positive momentum, with an EMA 20 slope of 19.84 and an SMA 20 slope of 32.92 over five periods.
- The company has achieved a 29% return in the last six months and a 15% return in the last three months.

- Indices trade higher; realty shares plunge
- India's Data Centre development pipeline through 2030 reaches 3,860 MW
- Netweb Tech, E2E Networks, Black Box fall up to 7% as AI slowdown fears hit Indian stocks

### Bear Case

The company's stock is currently experiencing technical headwinds, with daily trend indicators suggesting a bearish outlook. The Supertrend indicator is positioned above the closing price, signaling a potential downtrend. Furthermore, the stock has shown negative returns over the 10-day and 20-day periods, indicating recent weakness. While the broader market saw indices trade higher, realty shares, including Anant Raj, experienced a decline on a specific trading day. Additionally, a news report indicated that Anant Raj was among stocks affected by fears of an artificial intelligence slowdown.

- The daily Supertrend indicator is in a bearish direction as of September 18, 2026.
- The stock has experienced a return of -4% over the last 10 days and -4% over the last 20 days.
- On a specific trading day, realty shares, including Anant Raj, plunged while broader market indices rose.
- Anant Raj was mentioned in a report linking it to potential impacts from an artificial intelligence slowdown.

- Indices trade higher; realty shares plunge
- India's Data Centre development pipeline through 2030 reaches 3,860 MW
- Netweb Tech, E2E Networks, Black Box fall up to 7% as AI slowdown fears hit Indian stocks

### FAQs

**What was Anant Raj's response to the exchange regarding a recent increase in trading volume?**

On September 4, 2026, Anant Raj Limited stated that it had complied with securities laws and disclosed all material information. The company confirmed that as of that date, there was no undisclosed material or price-sensitive information that could have affected the trading volume. They attributed the volume movement to market, industry, or external factors.

**What upcoming investor interactions has Anant Raj Limited scheduled?**

Anant Raj Limited is scheduled to participate in the 'Jefferies 5th India Forum 2026' in Gurugram on September 18, 2026. This includes a one-on-one meeting with Jefferies and other sessions with institutional investors or analysts. The company has stated that no unpublished price-sensitive information will be shared during these interactions.

**How has Anant Raj's stock performed over different periods?**

As of September 18, 2026, Anant Raj's stock has shown the following returns: a 2% return over the last day, a 15% return over the last three months, and a 29% return over the last six months. Over the last year, the return was 4%, while the year-to-date return was 10%. The stock has seen a return of -4% over the last ten days and -3% over the last month. Since its inception, the return is -29%.

**What are the key technical support and resistance levels for Anant Raj?**

As of September 18, 2026, key technical levels for Anant Raj include support at ₹604.93 (1.15% below the current price of ₹606.0) and resistance at ₹612.97 (1.86% above the current price). Other identified support levels are ₹592.17 and ₹584.13, while further resistance is noted at ₹617.27 and ₹625.73.

- Indices trade higher; realty shares plunge
- India's Data Centre development pipeline through 2030 reaches 3,860 MW
- Netweb Tech, E2E Networks, Black Box fall up to 7% as AI slowdown fears hit Indian stocks
- Anant Raj Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- ANANT RAJ LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Anant Raj Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication
- Significant increase in volume has been observed in Anant Raj Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Anant Raj Limited has submitted their response. |SUBJECT: Spurt in Volume
- Significant increase in volume has been observed in Anant Raj Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written to the company. The response from the company is awaited. |SUBJECT: Spurt in Volume
## Technical analytics

- As of: 2026-09-18
- Daily trend: Weak Downtrend
- Weekly trend: Moderate Uptrend
- Pivot point: ₹592.17
- Risk regime: Higher Price Risk

### Support levels
- 547.925
- 528.97890625
- 509.14375

### Resistance levels
- 617.275
- 627.75
- 645.659375

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +1.52% |
| return_10 | -3.55% |
| return_1m | -3.36% |
| return_1y | +3.50% |
| return_20 | -4.39% |
| return_3m | +14.61% |
| return_5 | -0.47% |
| return_6m | +28.72% |
| return_since_start | -29.22% |
| return_ytd | +9.68% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | high_risk |
| label | Higher price risk |
| summary | Recent drawdown or price variability is materially high and may lead to larger short-term outcomes. |
| maximum_drawdown | -56.64% |
| annualized_volatility | +52.53% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Revenue dips sequentially but profit rises on lower costs; tax surge limits net profit growth

Anant Raj Limited reported a slight sequential dip in revenue for the first quarter of fiscal 2027, but profit before tax continued to climb as expenses and finance costs fell faster than revenue. The net profit increase was modest, however, because the tax expense jumped sharply.

## Revenue and Expense Trends

Revenue from operations was ₹631.40 crore in Q1 FY2026-27, down 2.38% from ₹646.81 crore in the preceding quarter (Q4 FY2025-26) but up 6.58% from ₹592.41 crore a year earlier. The sequential decline follows three consecutive quarters of sequential revenue growth.

Total expenses fell more sharply than revenue on a sequential basis, dropping 6.93% from ₹500.06 crore in Q4 to ₹465.42 crore in Q1. Year over year, expenses rose 2.96%, well below the revenue growth rate. Cost of materials consumed was ₹420.60 crore, and employee benefit expense was ₹10.63 crore in the current quarter. Expenses declined more than revenue sequentially, and grew more slowly than revenue year-over-year.

## Profitability and Tax Dynamics

Profit before tax (PBT) rose to ₹185.33 crore, up 5.69% sequentially from ₹175.35 crore and up 23.24% from ₹150.38 crore a year ago. Sequentially, PBT increased despite the revenue dip because expenses fell more sharply. Year-over-year, revenue growth and slower expense growth both contributed to the PBT increase.

Tax expense increased substantially, rising 53.97% sequentially to ₹39.20 crore from ₹25.46 crore in Q4, and 52.35% from ₹25.73 crore in Q1 of the prior year. As a result, net profit (profit for the period) increased only 0.32% sequentially to ₹149.19 crore from ₹148.71 crore. Year over year, net profit grew 18.5% from ₹125.90 crore. The effective tax rate (tax expense as a percentage of PBT) rose from about 17% in Q1 last year to about 21% in the current quarter.

## Finance Costs

Finance costs fell sharply to ₹1.20 crore in Q1, down 68.42% from ₹3.80 crore in Q4 and down 49.37% from ₹2.37 crore a year ago.

## Management Commentary

For the quarter ended June 30, 2026, Anant Raj Limited reported consolidated revenue from operations of ₹631.40 crore, a 6.6% increase year-over-year, and net profit attributable to owners of ₹149.64 crore, up 18.9%. On a standalone basis, revenue rose 12.2% to ₹395.52 crore and net profit increased 13.5% to ₹79.10 crore. Management's strategic focus on data centre and cloud services is evident from the incorporation of Anant Raj Cloud Singapore Pte. Ltd. to serve overseas AI/cloud customers, and the approval of a Scheme of Arrangement to demerge the Data Centre and Cloud Services undertaking into Ashok Cloud Private Limited (ACPL), with ARL shareholders to hold 49% of ACPL and a proposed listing on stock exchanges. The company also completed the acquisition of the remaining 25% stake in Romano Projects Private Limited, making it a wholly-owned subsidiary, and fully discharged outstanding non-convertible debentures by converting them into a term loan with State Bank of India. As of June 30, 2026, ₹410 crore of the QIP proceeds have been utilized, with ₹689.99 crore remaining unutilized.

## Key Takeaway

Anant Raj’s first quarter showed a slight sequential dip in revenue, but profitability improved as expenses and finance costs fell. The sharp increase in the tax expense absorbed most of the sequential PBT growth, leaving net profit nearly flat compared to the prior quarter. Year over year, both revenue and net profit grew.

### Ratios

## Official filings

- 2026-09-15 — Generic Announcement: Anant Raj Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ANANTRAJ_15092026175052_Investors_Meet_15092026.pdf)
- 2026-09-15 — Generic Announcement: Anant Raj Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2434_WebXMLFile_20260915_175941487.xml)
- 2026-09-08 — Generic Announcement: Anant Raj Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ANANTRAJ_08092026130946_Newspaper_08092026.pdf)
- 2026-09-04 — Generic Announcement: Anant Raj Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ANANTRAJ_04092026101710_Volume_Clarification.pdf)
- 2026-09-03 — Generic Announcement: Anant Raj Limited — [Official attachment](https://nsearchives.nseindia.com/content/RSS/Online_announcements.xml)
- 2026-08-19 — Generic Announcement: Anant Raj Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ANANTRAJ_19082026124736_Intimation-19082026_Kotak_Singapore.pdf)
- 2026-08-11 — Earnings Presentation: Anant Raj Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ANANTRAJ_11082026153928_Intimation_Investor_Presentation_11082026.pdf)
- 2026-08-11 — Generic Announcement: Anant Raj Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2434_WebXMLFile_20260811_154708935.xml)
- 2026-08-09 — Management Change: Anant Raj Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ANANTRAJ_09082026140810_Scrutinizer_Report_09082026.pdf)
- 2026-08-08 — Generic Announcement: Anant Raj Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ANANTRAJ_08082026181852_Outcome_08082026.pdf)
- 2026-08-08 — Credit Rating Update: Anant Raj Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ANANTRAJ_08082026182321_Intimation_Monitoring_Agency_08082026.pdf)
- 2026-08-07 — Management Change: Anant Raj Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ANANTRAJ_07082026190943_Outcome_AGM_07082026.pdf)
- 2026-08-05 — Official Filing: Anant Raj Limited has announced an Analyst & Investor Day meeting scheduled for August 11, 2026, at 4:00 PM IST, to be held in-person at the JIO WORLD CONVENTION CENTRE in Mumbai. The agenda includes discussions on a strategic demerger overview, the company's vision, and the growth roadmap for Ashok Cloud Pvt Limited, followed by a management Q&A. The event is a group meeting with analysts and investors, and further details can be found via a provided weblink. Prathmesh Parab is the contact person for this intimation.
- 2026-08-04 — Official Filing: Anant Raj Limited will host an Analyst & Investor Day on August 11, 2026, in Mumbai. The event will include discussions on strategic demerger, the company's vision, and growth roadmaps for Ashok Cloud Pvt Limited. No unpublished price sensitive information will be shared, and the schedule is subject to change. — [Official attachment](https://nsearchives.nseindia.com/corporate/ANANTRAJ_04082026180439_Intimation_Investor_day_04082026.pdf)
- 2026-07-22 — Official Filing: Anant Raj Limited completed the acquisition of 37,43,22,553 equity shares in its wholly owned subsidiary, Ashok Cloud Private Limited, on July 21, 2026. The transaction amounted to Rs. 74,86,45,106. This update confirms the completion of the acquisition as per SEBI Listing Regulations.
- 2026-07-22 — Official Filing: Anant Raj Limited (ARL) announced a composite scheme of arrangement on July 22, 2026, involving the amalgamation of its wholly-owned subsidiary, Anant Raj Cloud Private Limited (ARCPL), into ARL. This is followed by a demerger of ARL's data center and cloud services business into a new entity, Ashok Cloud Private Limited (ACPL). The rationale is to consolidate the data center business into a separate listed entity for independent valuation and growth, while ARL retains its real estate business. No new shares will be issued as ARCPL is wholly owned by ARL, and its share capital will be extinguished.
- 2026-07-22 — Official Filing: Anant Raj Limited's Board of Directors approved a Composite Scheme of Arrangement on July 21, 2026, to demerge its Data Center Business into Ashok Cloud Private Limited (ACPL), a resultant entity that will seek listing. The demerger involves a 1:1 share exchange ratio, with one fully paid-up equity share of INR 2 in ACPL for every share held in Anant Raj Limited. This move aims to consolidate the data center operations, currently housed in Anant Raj Limited and Anant Raj Cloud Private Limited (ARCPL), into a separate listed entity to facilitate independent growth and valuation. The demerged undertaking's turnover was INR 1,459,000,000.
- 2026-07-21 — Official Filing: The Board of Directors of Anant Raj Limited approved a Composite Scheme of Arrangement on July 21, 2026. This scheme involves the merger of Anant Raj Cloud Private Limited into Anant Raj Limited, followed by the demerger of Anant Raj Limited's data center business into Ashok Cloud Private Limited. The rationale is to consolidate the data center business into a separate listed entity. The demerger will result in Anant Raj Limited shareholders receiving shares in Ashok Cloud, with a share exchange ratio of one Ashok Cloud share for every one Anant Raj Limited share. — [Official attachment](https://nsearchives.nseindia.com/corporate/ANANTRAJ_21072026184608_Outcome_21072026.pdf)
- 2026-07-21 — Generic Announcement: Anant Raj Limited has informed the Exchange regarding Outcome of Board Meeting held on July 21, 2026. |SUBJECT: Outcome of Board Meeting — [Official attachment](https://nsearchives.nseindia.com/corporate/ANANTRAJ_21072026184858_Outcome_21072026.pdf)
- 2026-07-21 — Official Filing: Anant Raj Limited acquired 100% of Ashok Cloud Private Limited for INR 748,600,000 in cash on July 20, 2026. Ashok Cloud Private Limited is involved in the Data Centre and Cloud Business and was incorporated in 2021. The acquisition, approved by the board, is considered an arms-length transaction and is immediate. Ashok Cloud Private Limited's net worth was INR 400,000 as of the reporting date, with zero turnover and profit after tax.
- 2026-07-21 — Official Filing: Anant Raj Limited's Board of Directors approved a Composite Scheme of Arrangement on July 21, 2026, to demerge its data center and cloud services business into a new, independently listed company named Ashok Cloud Private Limited. This restructuring aims to create two focused entities: Anant Raj Limited for real estate and infrastructure, and Ashok Cloud for digital infrastructure and cloud services, to unlock shareholder value and pursue independent growth strategies. Eligible Anant Raj shareholders will receive one share of Ashok Cloud for every share held in Anant Raj, subject to regulatory approvals. — [Official attachment](https://nsearchives.nseindia.com/corporate/ANANTRAJ_21072026190031_Intimation_Press_Release_21072026.pdf)
- 2026-07-21 — Official Filing: Anant Raj Limited completed the acquisition of 37,43,22,553 equity shares in its wholly owned subsidiary, Ashok Cloud Private Limited, on July 21, 2026. The total investment amounted to Rs. 74,86,45,106. — [Official attachment](https://nsearchives.nseindia.com/corporate/ANANTRAJ_21072026120301_Intimation_ACPL_Updates.pdf)
- 2026-07-20 — Generic Announcement: Anant Raj Limited's Finance and Investment Committee approved an additional investment of Rs. 74,86,45,106 on July 20, 2026, to acquire 37,43,22,553 equity shares in its wholly owned subsidiary, Ashok Cloud Private Limited (ACPL). This investment, made via a rights issue, will fund ACPL's data center and cloud business development. ACPL's paid-up equity share capital will increase significantly, but Anant Raj Limited's 100% shareholding and voting rights in ACPL will remain unchanged. — [Official attachment](https://nsearchives.nseindia.com/corporate/ANANTRAJ_20072026150454_Intimation_20072026.pdf)
- 2026-07-20 — Generic Announcement: Anant Raj Limited's Finance and Investment Committee approved an additional investment of Rs. 74,86,45,106 on July 20, 2026, to acquire 37,43,22,553 equity shares in its wholly owned subsidiary, Ashok Cloud Private Limited (ACPL). This investment, made via a rights issue, will fund ACPL's data center and cloud business development. ACPL's paid-up equity share capital will increase significantly, but Anant Raj Limited's 100% shareholding and voting rights in ACPL will remain unchanged. — [Official attachment](https://nsearchives.nseindia.com/corporate/ANANTRAJ_20072026150304_Intimation_20072026.pdf)
- 2026-07-16 — Generic Announcement: Anant Raj Limited has published a newspaper advertisement on July 16, 2026, announcing the 41st Annual General Meeting, e-voting details, and the record date. This notice complies with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the advertisement is also available on the company's website. — [Official attachment](https://nsearchives.nseindia.com/corporate/ANANTRAJ_16072026140404_Intimation_16072026.pdf)

## News and market events

- 2026-09-16 — BUSINESS: **Indices trade higher; realty shares plunge** — At 14:25 IST, the barometer index, the S&P BSE Sensex jumped 312.79 points or 0.43% to 74,323.02. The Nifty 50 index added 117.65 points or 0.51% to 23,236.25. — [Source](https://www.business-standard.com/markets/capital-market-news/indices-trade-higher-realty-shares-plunge-126091600625_1.html)
- 2026-09-16 — Economic Times: **India's Data Centre development pipeline through 2030 reaches 3,860 MW** — India's data centre pipeline is projected to reach 3,860 MW by 2030. This expansion requires nearly $29.9 billion in development capital for the country. APAC data centre capacity will grow 2.7 times by 2030. Mumbai leads with 890 MW operational capacity and significant upcoming supply. Other markets like Hyderabad and Chennai are also seeing substantial development. — [Source](https://economictimes.indiatimes.com/industry/services/property-/-cstruction/indias-data-centre-capacity-set-to-surge-by-3860-mw-by-2030-fueling-digital-growth-and-investment-opportunities/articleshow/134283064.cms)
- 2026-09-16 — Economic Times: **India's Data Centre development pipeline through 2030 reaches 3,860 MW** — India's data centre pipeline is projected to reach 3,860 MW by 2030. This expansion requires nearly $29.9 billion in development capital for the country. APAC data centre capacity will grow 2.7 times by 2030. Mumbai leads with 890 MW operational capacity and significant upcoming supply. Other markets like Hyderabad and Chennai are also seeing substantial development. — [Source](https://economictimes.indiatimes.com/news/india/indias-data-centre-capacity-set-to-surge-by-3860-mw-by-2030-fueling-digital-growth-and-investment-opportunities/articleshow/134283064.cms)
- 2026-09-15 — MONEYCONTROL: **Netweb Tech, E2E Networks, Black Box fall up to 7% as AI slowdown fears hit Indian stocks** — Netweb Tech, E2E Networks, Black Box, Anant raj, Artificial intelligence, Artificial intelligence slowdown — [Source](https://www.moneycontrol.com/news/business/stocks/netweb-tech-e2e-networks-black-box-fall-up-to-7-as-ai-slowdown-fears-hit-indian-stocks-14030227.html)
- 2026-09-11 — BUSINESSTODAY: **Lodha, Godrej Properties, other shares slide as Nifty Realty hits two-month low; here's why** — Lodha Developers, Godrej Properties, Nifty Realty, realty stocks, real estate stocks, DLF, Prestige Estates, Phoenix Mills, Anant Raj, Oberoi Realty, Nifty Realty index, realty sector, bond yields, interest rates, US Treasury yields, Indian bond yields, housing demand, real estate sector, stock market today — [Source](https://www.businesstoday.in/markets/stocks/story/lodha-godrej-properties-other-shares-slide-as-nifty-realty-hits-two-month-low-heres-why-554841-2026-09-11)
- 2026-09-11 — BUSINESS: **Indices trade with major losses; realty shares decline** — At 10:30 IST, the barometer index, the S&P BSE Sensex, tanked 538.70 points or 0.72% to 74,367.44. The Nifty 50 index lost 179.35 points or 0.76% to 23,298.45. — [Source](https://www.business-standard.com/markets/capital-market-news/indices-trade-with-major-losses-realty-shares-decline-126091100337_1.html)
- 2026-09-08 — BUSINESSTODAY: **Golf Course Extension Road gets ₹35,000 crore luxury housing push as Gurugram market surges** — Gurugram luxury real estate, Golf Course Extension Road, ₹35,000 crore luxury housing, Gurugram property market, luxury housing Gurugram, Gurugram real estate market, Golf Course Extension Road property, luxury homes in Gurugram, Gurugram property launches, luxury residential projects Gurugram, Gurugram housing market, premium housing Gurugram, branded residences Gurugram, senior living Gurugram, Gurgaon luxury property — [Source](https://www.businesstoday.in/real-estate/story/golf-course-extension-road-gets-rs35000-crore-luxury-housing-push-as-gurugram-market-surges-554062-2026-09-09)
- 2026-09-06 — Economic Times: **Gurugram luxury housing lines up Rs 1 lakh crore festive launch pipeline** — Gurugram's luxury housing sector anticipates a strong festive season with nearly one lakh crore in new project launches. Developers are accelerating approvals for upcoming projects across prime micro-markets in the region. These new developments will include branded residences and senior living communities for affluent buyers. Golf Course Extension Road is a key area seeing significant developer interest and planned launches. — [Source](https://economictimes.indiatimes.com/industry/services/property-/-cstruction/gurugram-luxury-housing-lines-up-rs-1-lakh-crore-festive-launch-pipeline/articleshow/133842698.cms)
- 2026-09-04 — Mint: **Raja Venkatraman recommends three stocks for 4 September** — Market expert Raja Venkatraman shares his top stock picks for 4 September. Here’s his technical outlook and trade strategy. — [Source](https://www.livemint.com/market/stock-market-news/raja-venkatraman-recommends-three-stocks-for-4-september-11788454069781.html)
- 2026-09-03 — The Hindu: **Sensex, Nifty trim morning gains by midday; Banking holds firm as IT, Pharma, Consumer stocks weigh** — Axis Bank rises 1.55% to ₹1,273.30, ICICI Bank gains 1.04% to ₹1,441.30, SBI advances 0.84% to ₹1,029.50, and HDFC Bank adds 0.84% to ₹706.70 — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty-trim-morning-gains-by-midday-banking-holds-firm-as-it-pharma-consumer-stocks-weigh/article71422838.ece)
- 2026-09-03 — The Hindu: **Anant Raj stock jumps 8% in midday trade, leads realty gainers on heavy volume** — Despite today’s sharp gains, the stock remains 17.6% below its 52-week high of ₹743.65, touched in October 2025 — [Source](https://www.thehindubusinessline.com/markets/stock-markets/anant-raj-stock-jumps-8-in-midday-trade-leads-realty-gainers-on-heavy-volume/article71422768.ece)
- 2026-08-21 — The Hindu: **Markets poised for higher open amid caution over oil, bond stress** — GIFT Nifty points to positive start; elevated crude and global bond market pressure keep sentiment cautious — [Source](https://www.thehindubusinessline.com/markets/markets-poised-for-higher-open-amid-caution-over-oil-bond-stress/article71372068.ece)
- 2026-08-21 — Mint: **Stock recommendations for 21 August from MarketSmith India** — MarketSmith India reveals its top stock recommendations for today, 21 August. Get expert insights into the best-performing stocks to guide your investment decisions. — [Source](https://www.livemint.com/market/stock-market-news/stock-recommendations-for-21-august-from-marketsmith-india-11787226581989.html)
- 2026-08-14 — Mint: **Stock market today: Gift Nifty hints a muted start; eight day trading stocks to buy on Friday, 14 August** — Indian stock market indices, Sensex and Nifty 50, are expected to open lower on August 14. Global cues remain mixed, with domestic equities ending mixed the previous day. Oil prices rise amid US-Iran tensions, and upcoming economic data will be closely monitored. — [Source](https://www.livemint.com/market/stock-market-news/stock-market-today-gift-nifty-hints-a-muted-start-eight-day-trading-stocks-to-buy-on-friday-14-august-11786672797345.html)
- 2026-08-10 — BUSINESSTODAY: **Top stocks in news: Titan, Ola, PFC, Oil India, Kaynes, Anant Raj, Godawari Power, Akums** — Stocks in news, Stocks in buzz, Stocks to buy, Stocks to watch, Titan Company, Ola Electric Mobility, Power Finance Corporation, Oil India, Kaynes Technology India, Anant Raj, Hitachi Energy India, Raymond Realty, Azad Engineering, Godawari Power & Ispat, Akums Drugs and Pharmaceuticals, Entero Healthcare Solutions, Nitin Spinners, Ambika Cotton Mills — [Source](https://www.businesstoday.in/markets/stocks/story/top-stocks-in-news-titan-ola-pfc-oil-india-kaynes-anant-raj-godawari-power-akums-548205-2026-08-10)
- 2026-08-10 — The Hindu: **Sensex today | Stock Market Live: Stock to buy today: PhysicsWallah** — Sensex, Nifty, Share Prices Live: The trend has been up for the stock of PhysicsWallah since March. While it recently witnessed a correction in price, the chart shows formation of a new base at ₹123, where the 50-day moving average coincides. We expect the scrip to witness a fresh leg of rally on the back of this. In the near-term, the stock has the potential to rally to ₹155. — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-10-august-2026/article71324442.ece)
- 2026-08-10 — MONEYCONTROL: **Stocks to Watch Today: Titan, Oil India, Signature Global, Emcure Pharma, RITES, Anawil Wire, Anant Raj, Nitin Spinners, Akums Drugs, Ambika Cotton in focus on 10 August** — Stocks to watch, stocks in focus today, stocks in focus, share market today, top stocks, shares in focus today, shares today, today stocks to watch, trending stocks, trending stocks today, markets today, buzzing stocks, stocks today, stock market today,Titan Company,Power Finance Corporation,Oil India,Kaynes Technology India,Ola Electric Mobility,Entero Healthcare Solutions,Akums Drugs and Pharmaceuticals,Nitin Spinners,Anant Raj,Ambika Cotton Mills,Signature Global India,Emcure Pharmaceuticals,NMDC,RITES,Vedanta Aluminium Metal,Electronics Mart India,Prataap Snacks,Anawil Wire & Engineering — [Source](https://www.moneycontrol.com/news/business/markets/stocks-to-watch-today-titan-oil-india-signature-global-emcure-pharma-rites-anawil-wire-anant-raj-nitin-spinners-akums-drugs-ambika-cotton-in-focus-on-10-august-13999192.html)
- 2026-08-09 — CNBC-TV18: **Stocks to Watch for August 10: Titan, Oil India, NLC, Ola Electric, PFC and more** — Titan Company, NLC India, Hitachi Energy India, Power Finance Corporation, Oil India, Apollo Microsystems and others reported results after Friday’s close and over the weekend, putting these stocks in focus on Monday. Bosch, Vodafone Idea, Hindustan Copper and Dilip Buildcon are also due to report results on August 10. — [Source](https://www.cnbctv18.com/photos/market/stocks-to-watch-for-august-10-titan-oil-india-ola-electric-pfc-delhivery-nlc-and-more-19964868.htm)
- 2026-08-08 — CNBC-TV18: **Anant Raj Q1FY27: Profit rises 19% as EBITDA growth outpaces revenue** — Realty firm reported a 19% year-on-year increase in net profit to ₹150 crore for the quarter ended June 30, 2026, compared with ₹126 crore a year earlier. During the quarter, the company incorporated Anant Raj Cloud Singapore Pte. Ltd., a wholly owned subsidiary in Singapore to undertake business activities as a reseller and provide co-location and cloud services, including artificial intelligence services, to overseas customers. — [Source](https://www.cnbctv18.com/market/earnings/anant-raj-q1-profit-rises-19-as-ebitda-growth-outpaces-revenue-19964872.htm)
- 2026-08-05 — BUSINESSTODAY: **RBI holds repo rate steady: Good news for homebuyers, but affordable housing still faces hurdles** — RBI repo rate, RBI MPC August 2026, repo rate unchanged, RBI keeps repo rate unchanged, RBI repo rate 5.25%, real estate sector reaction, real estate news, housing market India, home loan interest rates, RBI MPC decision, REAL ESTATE, RBI, MPC, RBI MPC, REPO RATE — [Source](https://www.businesstoday.in/real-estate/story/rbi-holds-repo-rate-steady-good-news-for-homebuyers-but-affordable-housing-still-faces-hurdles-547273-2026-08-05)
- 2026-08-04 — Mint: **Stock recommendations for 4 August from MarketSmith India** — MarketSmith India reveals its top stock recommendations for today, 4 August. Get expert insights into the best-performing stocks to guide your investment decisions. — [Source](https://www.livemint.com/market/stock-market-news/stock-recommendations-for-4-august-from-marketsmith-india-11785759080700.html)
- 2026-08-03 — MONEYCONTROL: **Trade Spotlight: How should you trade Hero MotoCorp, Anant Raj, Anthem Biosciences, KEI Industries, Escorts, BLS E-Services, and others on August 3?** — Trade Spotlight, Buy Ideas,Top Buy Ideas,Top Picks,Stock Picks,Top Stock Picks,Share Tips,Share Market Tips,Stock Tips,Stock Market Tips,BLS E-Services,Hero MotoCorp,Jio Financial Services,Anant Raj,Anthem Biosciences,Blue Jet Healthcare,Shipping Corporation of India,KEI Industries,Escorts Kubota — [Source](https://www.moneycontrol.com/news/business/markets/trade-spotlight-how-should-you-trade-hero-motocorp-anant-raj-anthem-biosciences-kei-industries-escorts-bls-e-services-and-others-on-august-3-13991407.html)
- 2026-07-22 — The Hindu: **Sensex today | Stock Market Live: Sensex sheds 550 pts, Nifty near 24,000; Nifty Pharma down 2%** — Sensex, Nifty, Share Prices LIVE: At 10:02 am, Sensex bled 584.63 points (-0.75%) to 76,885.48, Nifty dropped 173.30 points (-0.72%) to 24,014.40 — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-22nd-july-2026/article71249266.ece)
- 2026-07-22 — The Hindu: **8 stocks including Pharma majors will remain in focus on Wednesday following Trump’s tariff announcement** — Maruti Suzuki’s price hike, Anant Raj demerger, Aurobindo Pharma getting nod for bio similar, Anupam Rasayn open offer to Bliss GVS shareholders — [Source](https://www.thehindubusinessline.com/markets/8-stocks-including-pharma-majors-will-remain-in-focus-on-wednesday-following-trumps-tariff-announcement/article71251926.ece)
- 2026-07-21 — The Hindu: **Anant Raj Board approves demerger of Data Centre & Cloud Services business** — Anant Raj Ltd approves demerger to create Ashok Cloud Pvt. Ltd, enhancing focus on digital infrastructure and cloud services. — [Source](https://www.thehindu.com/business/anant-raj-board-approves-demerger-of-data-centre-cloud-services-business/article71250782.ece)

## Business profile

**Strategic vision:** Real estate developer and tile manufacturer expanding into data centers.

### Business segments
- **Real Estate Development:** Engaged in diverse construction and development activities including residential, commercial, hospitality, affordable housing, data centers, malls, and office complexes.
- **Manufacturing:** Produces ceramic wall and floor tiles in various designs at its facilities in Rewari, Haryana.
- **Data Centers and Cloud Services:** Operates data centers with a focus on cloud services, including a sovereign public cloud platform named 'Ashok Cloud'.

### Competitive strengths
- Established presence in real estate development across multiple project types.
- Operational manufacturing facilities for ceramic tiles.
- Strategic entry into the growing data center and cloud services market.

## Related stocks

- [ABREL (Real Estate)](https://faxioms.com/stocks/abrel) — +0.42%
- [BRIGADE (Real Estate)](https://faxioms.com/stocks/brigade) — +0.14%
- [DLF (Real Estate)](https://faxioms.com/stocks/dlf) — +1.64%
- [GODREJPROP (Real Estate)](https://faxioms.com/stocks/godrejprop) — +1.29%
- [LODHA (Real Estate)](https://faxioms.com/stocks/lodha) — +2.45%

## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/anantraj
Markdown representation: https://faxioms.com/stocks/anantraj?render=md