Buy Ajmera Realty & Infra, target price Rs 1,039-1,130 in 6-9 months: HDFC Securities

HDFC Securities has a buy call on Ajmera Realty & Infra India with a target price of Rs 1039-1130 over 6 to 9 months. The current market price of Ajmera Realty & Infra India Ltd. is Rs 934.75. Time period given by the analyst is 6-9 months or Ajmera Realty & Infra price to reach defined target. Ajmera Realty & Infra, incorporated in 1985, is a Small Cap company with a market cap of Rs 3384.19 crore, operating in the Real Estate sector.

Ajmera Realty & Infra’s key products/revenue segments include Flats for the year ending 31-Mar-2024.

Financials
For the quarter ended 30-09-2024, the company has reported a Consolidated Total Income of Rs 204.12 crore, up 4.06 % from last quarter Total Income of Rs 196.15 crore and up 38.30% from last…

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