New Delhi, April 15 -- Anant Raj, a leading real estate developer in the NCR region, has seen its share price crash steadily in recent weeks to levels not seen in many months. Although the stock has managed to stage a comeback in the last few trading sessions, it is still trading significantly below its recent peak of Rs.947 apiece.
The shares have fallen sharply from their December peak of Rs.947 to the current market price of around Rs.475, resulting in a 50% crash in just four months. This correction came after the stock witnessed a one-way rally between June 2022 and December 2024, delivering a massive return of 1,757% to its shareholders.
The company is engaged in real estate development with a focus on residential, commercial, and...
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