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Ajmera bets on acquisitions, JVs to expand m-cap tenfold to $5 bn
Mint Bangalore
|December 20, 2024
Ajmera Realty and Infra India Ltd aims to expand its market capitalization (m-cap) by 10x to $5 billion through acquisitions and joint ventures (JVs), said Dhaval Ajmera, director at Ajmera Group.
Ajmera added that to achieve the goal, the company is targeting at least 25-30% growth each year in terms of volumes, sales, and profitability. While he did not specify a timeline, he said it may stretch beyond five years. The Mumbai-based company's m-cap stands at ₹4,015.61 crore (about $472 million). In 2024 so far, its stock has surged 148% to ₹1,112.15.
Bu hikaye Mint Bangalore dergisinin December 20, 2024 baskısından alınmıştır.
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