Anant Raj Ltd's Stock Surges 5% Post ₹25,000 Crore Data Centre Expansion Deal in Haryana
The share of Anant Raj Ltd, one of India’s prominent real estate development companies operating primarily in the Delhi-NCR region, has gained significant traction after a major MoU. The company’s shares surged to a day high of ₹563.65 on Tuesday, marking a 4.6% increase from the previous day’s close of ₹538.80. With a market capitalization of ₹19,723 crore, Anant Raj Ltd has delivered a 5.5% return over the past year.
Anant Raj Limited has signed a Memorandum of Understanding (MoU) with the Haryana Enterprises Promotion Centre (HEPC), the Government of Haryana, to support the development of data center and cloud services infrastructure in the state. The agreement was inked on June 1, 2026, during the launch of the “Make in Haryana Policy & Other Sectoral Policies” event chaired by Haryana Chief Minister Nayab Singh Saini.
Under the MoU, Anant Raj plans to invest approximately ₹25,000 crore in Haryana to expand its digital infrastructure business, including data centers and cloud operations. The collaboration aims to strengthen the state’s digital ecosystem while attracting large-scale technology investments. The Haryana government, through HEPC and various departments including Information Technology, Electronics & Communication, and Industries & Commerce, has committed to providing facilitation support and ease-of-doing-business assistance for the successful execution of the company’s proposed projects in the state.
The proposed investment aligns with Anant Raj’s growing digital infrastructure business. During Q4 FY26, the company reported revenue from operations of ₹646.81 crore, registering a growth of 19.64% YoY. Revenue from its Data Center, Infrastructure, and Allied Services segment stood at ₹74.51 crore, highlighting the increasing contribution of its digital business to overall operations.
Anant Raj Limited is a prominent Indian real estate and infrastructure development company. Established in 1969, it specializes in the construction of residential townships, commercial complexes, IT parks, hospitality projects, and data centers, with a significant footprint primarily in the Delhi-NCR (National Capital Region) area.
Financial Highlights: The revenue from operations grew by 20% to ₹647 crore in Q4 FY26 from ₹541 crore in Q4 FY25, and EBITDA grew by 18% to ₹167 crore in Q4 FY26 from ₹142 crore in Q4 FY25. This was accompanied by a net profit growth of 24% to ₹149 crore in Q4 FY26 from ₹119 crore in Q4 FY25, resulting in an EPS growth of 18% to ₹4.07 per share in Q4 FY26 from ₹3.46 per share in Q4 FY25.
The company’s strategic move to expand its digital infrastructure business in Haryana is expected to further solidify its position in the market and contribute to its long-term growth and profitability. Investors are optimistic about the potential returns from this significant investment, which aligns with the growing demand for data centers and cloud services in India.