Ajmera Realty Shoots More Than 6% As RERA Comes Into Force

The stock of Ajmera Realty & Infra on Tuesday surged more than 6% in the morning session of BSE. The stock witnessed a spurt in the volume by more than 1.46 times.

The stock is trading up 6.5% at Rs 230 at 11:30 AM IST on BSE. The stock hit a high of Rs 233.50 and a low of Rs 217.55 so far during the day.

The surge in the stock can be attributed to positive sentiments generated in the realty sector due to the implementation of Real Estate (Regulation and Development) Act 2016 from May 1, 2017.

Ajmera Realty & Infra India Limited is engaged in real estate activities. The Company's segments include Construction and Renewable Energy. The Company also has operations in sectors, such as solar power, sports, vaults security, cement and social welfare.

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