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Anant Raj stock: Data-centre dream or valuation trap?
Mint Mumbai
|September 24, 2025
Anant Raj Ltd has been a notable player in the NCR real estate market since the 1970s, developing everything from residential complexes and affordable housing to hotels and IT parks.
In 2021, the company expanded into data centres—a move that could shape its next phase of growth.
The management aims to scale up its data-centre revenues to ₹1,200 crore by FY27, and a massive ₹9,000 crore by FY32. The hype is such that Motilal Oswal Financial Services has pegged its target price at ₹807 apiece—22% above current levels. Notably, 54% of this valuation is ascribed to its data-centre business, though the segment reportedly contributes less than 10% to Ebitda today.
Esta historia es de la edición September 24, 2025 de Mint Mumbai.
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