No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Sunday, February 1, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

330% returns in 3 years: Mukul Agrawal-backed multibagger Ajmera Realty declares 1:5 stock split

by TheAdviserMagazine
3 months ago
in Business
Reading Time: 2 mins read
A A
330% returns in 3 years: Mukul Agrawal-backed multibagger Ajmera Realty declares 1:5 stock split
Share on FacebookShare on TwitterShare on LInkedIn


Mukul Agrawal-backed Ajmera Realty & Infra India announced a 1:5 stock split on Thursday, where each share with a face value of Rs 10 will be subdivided into five equity shares with a face value of Rs 2 apiece. The company will announce the record date in due course.

The Ajmera Realty & Infra stock has been a multibagger with stellar returns of 336% over the past three years, which is a significant outperformance over benchmarks BSE Sensex and Nifty with returns of 37% and 41%, respectively.

The stock split announcement was made along with the company’s September quarter earnings, where the company reported a 14% decline in its profit after tax at Rs 30 crore versus Rs 35 crore in the year-ago period. The net profit fell 21% on a sequential basis compared to Rs 38 crore in Q1FY26.

The revenue from operations increased by nearly 10% to Rs 219 crore in the quarter under review compared to Rs 200 crore in the year-ago period. However, the topline fell 15% on a quarter-on-quarter basis versus Rs 258 crore in the April-June quarter of FY26.

The total expenses incurred by Ajmera Realty in Q2FY26 stood at Rs 179 crore, down from Rs 202 crore in Q1FY26 and up from Rs 158 crore in the corresponding quarter of the previous financial year. The expenses included construction-related costs, finance costs and expenses made on employee benefits.

Live Events

On a standalone basis, the PAT stood at Rs 26.19 crore in Q2FY26 versus Rs 33.62 crore in Q1FY26 and Rs 27.59 crore in Q2FY25. The bottom line is down 22% on a QoQ basis and down 5% on a YoY basis.Also Read: Redington shares soar 14% as Q2 profit jumps 32% YoY to Rs 388 crore; revenue up 17%The earnings were announced during market hours, and its shares hit the day’s low of Rs 1,003 on the NSE, falling by over 4% in intraday trade.Ajmera Realty & Infra is a smallcap stock with a market capitalisation of Rs 4,038.25 crore.

The stock is trading above its 50-day and 200-day simple moving averages of Rs 1,000 and Rs 908, according to Trendlyne data.

The stock has been a consistent market performer, rewarding investors handsomely. Its 5-year returns are at 1,052%.

(Disclaimer: The recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times.)



Source link

Tags: AgrawalbackedAjmeradeclaresMukulmultibaggerRealtyReturnsSplitstockYears
ShareTweetShare
Previous Post

Pitango closes $300m for early-stage, healthcare VC funds

Next Post

AstraZeneca beats Q3 estimates on oncology strength (AZN:NASDAQ)

Related Posts

edit post
How Trump helped Harvard: 5 ‘Crimson’ leadership lessons on standing up to bullies 

How Trump helped Harvard: 5 ‘Crimson’ leadership lessons on standing up to bullies 

by TheAdviserMagazine
February 1, 2026
0

Harvard has helped itself recover from institutional slips while a massive rallying of peer institutions fortified Harvard’s defense from Trump...

edit post
Budget 2026: Realty stocks plunge up to 10% on Budget miss; REITs rally up to 3%

Budget 2026: Realty stocks plunge up to 10% on Budget miss; REITs rally up to 3%

by TheAdviserMagazine
February 1, 2026
0

Realty stocks plunged 10% intraday, continuing their pre-budget lackluster show, likely disappointed by the absence of any big-ticket announcement for...

edit post
Budget 2026 comes at a precarious time for markets, says Radhika Gupta

Budget 2026 comes at a precarious time for markets, says Radhika Gupta

by TheAdviserMagazine
January 31, 2026
0

As India heads into a crucial Union Budget, market participants are weighing whether policy measures can stem recent capital outflows...

edit post
Epstein files lead to resignation of top Slovakian official, while British prime minister calls on former prince to cooperate with U.S. authorities

Epstein files lead to resignation of top Slovakian official, while British prime minister calls on former prince to cooperate with U.S. authorities

by TheAdviserMagazine
January 31, 2026
0

Newly disclosed U.S. government files on Jeffrey Epstein have prompted the resignation of a top official in Slovakia and revived calls in...

edit post
Nvidia CEO signals investment in OpenAI round may be largest yet

Nvidia CEO signals investment in OpenAI round may be largest yet

by TheAdviserMagazine
January 31, 2026
0

Nvidia Corp. Chief Executive Officer Jensen Huang said the company will be participating in OpenAI’s latest funding round, describing it...

edit post
Trump thinks a weaker dollar is great, but the U.S. needs a stable currency as national debt heads toward  trillion, former Fed president says

Trump thinks a weaker dollar is great, but the U.S. needs a stable currency as national debt heads toward $40 trillion, former Fed president says

by TheAdviserMagazine
January 31, 2026
0

President Donald Trump welcomed the dollar’s recent decline, but a former Federal Reserve president said the astronomical size of U.S....

Next Post
edit post
AstraZeneca beats Q3 estimates on oncology strength (AZN:NASDAQ)

AstraZeneca beats Q3 estimates on oncology strength (AZN:NASDAQ)

edit post
Asim Munir to become more powerful as Pakistan plans to change the Constitution

Asim Munir to become more powerful as Pakistan plans to change the Constitution

  • Trending
  • Comments
  • Latest
edit post
Most People Buy Mansions But This Virginia Lottery Winner Took the Lump Sum From a 8 Million Jackpot and Bought a Zero-Turn Lawn Mower Instead

Most People Buy Mansions But This Virginia Lottery Winner Took the Lump Sum From a $348 Million Jackpot and Bought a Zero-Turn Lawn Mower Instead

January 10, 2026
edit post
Utility Shutoff Policies Are Changing in Several Midwestern States

Utility Shutoff Policies Are Changing in Several Midwestern States

January 9, 2026
edit post
80-year-old Home Depot rival shuts down location, no bankruptcy

80-year-old Home Depot rival shuts down location, no bankruptcy

January 4, 2026
edit post
Tennessee theater professor reinstated, with 0,000 settlement, after losing his job over a Charlie Kirk-related social media post

Tennessee theater professor reinstated, with $500,000 settlement, after losing his job over a Charlie Kirk-related social media post

January 8, 2026
edit post
Elon Musk Left DOGE… But He Hasn’t Left Washington

Elon Musk Left DOGE… But He Hasn’t Left Washington

January 2, 2026
edit post
Florida Snowbirds Are Running Into Residency Documentation Problems

Florida Snowbirds Are Running Into Residency Documentation Problems

January 10, 2026
edit post
Resource Review – The 401(k) Advisor Playbook

Resource Review – The 401(k) Advisor Playbook

0
edit post
How 3 college leaders work to boost economic mobility

How 3 college leaders work to boost economic mobility

0
edit post
How Trump helped Harvard: 5 ‘Crimson’ leadership lessons on standing up to bullies 

How Trump helped Harvard: 5 ‘Crimson’ leadership lessons on standing up to bullies 

0
edit post
Here are the five key takeaways from Wednesday’s Fed rate decision

Here are the five key takeaways from Wednesday’s Fed rate decision

0
edit post
Cybernetic Attention: All Watched over by Machines We Learned to Watch

Cybernetic Attention: All Watched over by Machines We Learned to Watch

0
edit post
Strategy Bitcoin Underwater After 30% BTC Crash

Strategy Bitcoin Underwater After 30% BTC Crash

0
edit post
How Trump helped Harvard: 5 ‘Crimson’ leadership lessons on standing up to bullies 

How Trump helped Harvard: 5 ‘Crimson’ leadership lessons on standing up to bullies 

February 1, 2026
edit post
Strategy Bitcoin Underwater After 30% BTC Crash

Strategy Bitcoin Underwater After 30% BTC Crash

February 1, 2026
edit post
Cybernetic Attention: All Watched over by Machines We Learned to Watch

Cybernetic Attention: All Watched over by Machines We Learned to Watch

February 1, 2026
edit post
Budget 2026: Realty stocks plunge up to 10% on Budget miss; REITs rally up to 3%

Budget 2026: Realty stocks plunge up to 10% on Budget miss; REITs rally up to 3%

February 1, 2026
edit post
Psychology says people who fold their towels one specific way and can’t stand when others don’t display these 6 traits about control that show up everywhere

Psychology says people who fold their towels one specific way and can’t stand when others don’t display these 6 traits about control that show up everywhere

February 1, 2026
edit post
IRAN Into 2027 | Armstrong Economics

IRAN Into 2027 | Armstrong Economics

February 1, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • How Trump helped Harvard: 5 ‘Crimson’ leadership lessons on standing up to bullies 
  • Strategy Bitcoin Underwater After 30% BTC Crash
  • Cybernetic Attention: All Watched over by Machines We Learned to Watch
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.