Anant Raj Ltd shares jump 4.32% as company announces Memorandum of Understanding
Why did Anant Raj Ltd-$ shares jump today?
Anant Raj Ltd-$ shares surged 4.32% on Wednesday to trade at ₹613.0 as of 09:27 AM, driven by a positive regulatory disclosure. The company informed the National Stock Exchange and Bombay Stock Exchange that its wholly owned subsidiary, Anant Raj Cloud Singapore Pte. Ltd. (AR Cloud Singapore), has signed a Memorandum of Understanding (MoU) with the Government of Haryana through the Department of Industries & Commerce on October 6, 2026. The MoU aims to undertake global marketing of Ashok Cloud and Data Centre services hosted in Haryana, while also facilitating the onboarding of overseas customers to host their data within the state.
Adding further strength to the deal, Orange Business Services Singapore Pte. Ltd. — a well-known Singapore-based digital technology and network services company — is also part of the MoU. This partnership positions Anant Raj's cloud and data centre services for international expansion, as Orange Business brings significant global reach and expertise in digital infrastructure. The company released a press release titled "Anant Raj Cloud, Orange Business Singapore Sign MoU with Haryana Govt to take the State's Cloud Services to Global Markets," which highlights the strategic importance of this collaboration.
The market has responded positively to this development as it signals Anant Raj's growing ambitions in the cloud computing and data centre space on a global scale. The MoU not only strengthens the company's presence in Haryana but also opens doors to potential international revenue streams through overseas data hosting customers. Investors are viewing this as a significant step toward diversifying the company's business model beyond its traditional real estate operations, which is reflected in the sharp 4.32% jump in the stock price this morning.
What does Anant Raj Ltd-$ do?
Anant Raj Limited is an Indian company listed on the National Stock Exchange of India Limited and BSE Limited, trading under the scrip codes ANANTRAJ and 515055. The Company operates through subsidiaries, including Anant Raj Cloud Singapore Pte. Ltd. ("AR Cloud Singapore"), a wholly owned subsidiary based in Singapore that engages in cloud and data centre services. AR Cloud Singapore works alongside Orange Business Services Singapore Pte. Ltd., a Singapore-based digital technology and network services company, to deliver technology-driven solutions to customers in India and overseas markets.
The Company's cloud and data centre services, branded as Ashok Cloud and Data Centre, are hosted in the state of Haryana, India. On October 6, 2026, AR Cloud Singapore and Orange Business Services Singapore Pte. Ltd. entered into a Memorandum of Understanding with the Government of Haryana, acting through the Department of Industries & Commerce, to undertake the global marketing of Ashok Cloud and Data Centre services hosted in Haryana and to facilitate the onboarding of overseas customers. This collaboration positions Anant Raj Limited as a key participant in India's growing data centre and cloud services ecosystem, supported by partnerships with international digital technology firms and state-level government engagement.
Anant Raj Ltd-$ Financials
In CroresAnant Raj Ltd recorded revenue of ₹646.81 crores in Mar 2026, which edged down to ₹631.4 crores in Jun 2026, reflecting a modest decline of approximately 2.4% quarter-on-quarter. In contrast, net profit moved in the opposite direction, rising from ₹146.6 crores in Mar 2026 to ₹149.64 crores in Jun 2026, marking an increase of roughly 2.1%. The divergence between revenue and profit suggests that the company managed costs effectively during this period, as it was able to grow profitability despite the dip in top-line performance. Overall, while revenue showed a slight contraction, the bottom line demonstrated resilience and upward momentum.
Anant Raj Ltd-$ Shareholding Pattern
Promoter holding stands at 57.43% of the total share capital. Foreign Institutional Investors (FIIs) hold 10.74% stake in the company, while Domestic Institutional Investors (DIIs) hold 4.6%. Public shareholders hold the remaining 27.22% stake in Anant Raj Ltd-$.
Anant Raj Ltd-$ FAQs
Q: Why did Anant shares jump 4.32% today?
Announcement under Regulation 30 (LODR)-Memorandum of Understanding. This corporate action caught investor attention, leading to increased trading activity in the stock.
Q: What is the shareholding pattern of Anant Raj Ltd-$?
As per the latest data, promoters hold 57.43% stake in Anant Raj Ltd-$, while FII holding stands at 10.74%. Domestic institutional investors hold 4.6%, and public shareholders account for 27.22% of the equity.
Q: What is the current stock price of Anant Raj Ltd-$?
Anant Raj Ltd-$ shares are currently trading at ₹613.0, recording a gain of 4.32% from the previous close.
Q: What is the market capitalization of Anant Raj Ltd-$?
The company currently has a market capitalization of ₹22060.46 crore, reflecting its valuation in the Indian equity market.