This is the biggest single-day gain for the stock in the last five months. The stock had gained over 10% in April this year.
More than 1 crore shares of the company were traded on the stock exchanges at of 11 AM, which is 8.4 times higher than the 10-day average volume.
Anant Raj had announced strong earnings last month for the quarter ended June 2026. Net profit rose 19% to ₹150 crore from ₹126 crore in the year-ago period. Revenue grew 7% to ₹631 crore from ₹592 crore, while EBITDA increased 22% to ₹183 crore from ₹151 crore.
The EBITDA margin also improved to 29.1% from 25.4% in the year-ago period.
In June, the company had incorporated Anant Raj Cloud Singapore Pte Ltd as a wholly owned subsidiary. It was set up to resell and provide co-location and cloud services, including artificial intelligence services, to overseas customers, using the data centre and cloud infrastructure being developed by the company in India.
The company also completed the acquisition of the remaining 25% stake in Romano Projects Private Limited in April, through the purchase of 12,500 fully paid-up equity shares. This increased Anant Raj’s holding in the company from 75% to 100%, making Romano Projects a wholly owned subsidiary.
In July, Anant Raj had announced that its board had approved a Composite Scheme of Arrangement to separate its data centre and cloud services business from its real estate and infrastructure operations. The restructuring was aimed at creating two independently listed companies.Under the proposed plan, Anant Raj would continue as the group’s real estate and infrastructure business, while Ashok Cloud Private Limited would operate as a dedicated digital infrastructure and cloud services company, with a focus on data centres, cloud services and artificial intelligence workloads.
The company said the scheme, which requires approval from the National Company Law Tribunal (NCLT) under Sections 230 to 232 of the Companies Act, 2013, along with other statutory and regulatory approvals, is aimed at enabling both businesses to pursue independent growth strategies and create long-term value for shareholders.
The stock was trading at a 17.6% decline from its 52-week high of ₹743.65, while being 56.8% away from its 52-week low of ₹403.
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