Anant Raj Shares Surge 4.5%: Massive ₹20,000 Crore Investment in Haryana Data Centres
Anant Raj Ltd, a prominent real estate development company, witnessed a significant surge in its share price on Tuesday, June 2. The shares rallied as much as 4.56% to ₹563.25 apiece on the NSE. This significant jump was driven by the company's recent announcement of a major investment in Haryana. Anant Raj has signed a Memorandum of Understanding (MoU) with the Haryana government to invest ₹20,000 crore in the development of large-scale data centre infrastructure across the state.
In a statement on Monday, Anant Raj confirmed the signing of the MoU. The company currently operates 28 MW of IT load across its campuses in Manesar and Panchkula. It plans to expand its data centre footprint significantly, aiming to achieve a total capacity of 307 MW by 2031-32. This expansion will be supported by a planned capital expenditure of about $2.1 billion.
The proposed investment is in addition to the company's existing and ongoing data centre expansion plans. The MoU was signed during the launch of the 'Make in Haryana Policy' and other sectoral policies organized by the Department of Industries & Commerce, Government of Haryana. The event was chaired by Haryana Chief Minister Nayab Singh Saini, in the presence of Rao Narbir Singh, the Minister of Industries & Commerce, Environment, Forests & Wildlife, Haryana.
The proposed investment will support the development of state-of-the-art data centres and digital infrastructure, further strengthening Haryana's position as a leading destination for technology-led investments and digital innovation. The investment is aimed at meeting the growing demand for data storage, cloud services, and digital connectivity.
In November last year, Anant Raj also signed an MoU with the Andhra Pradesh government for the development of new data centre facilities and an IT park in the state. Under this MoU, Anant Raj Cloud Pvt Ltd (ARCPL), a wholly owned subsidiary of Anant Raj Limited, will invest about ₹4,500 crore, to be executed in two phases, towards building advanced data centre infrastructure and cloud services.
The real estate firm reported strong financial performance in the quarter ended March 2026. The company's consolidated net profit increased by 25% to ₹148.71 crore, up from ₹118.79 crore in the year-ago period. Total income rose to ₹675.41 crore during January-March 2025-26 from ₹550.90 crore a year ago, according to a regulatory filing. For the 2025-26 fiscal year, Anant Raj Ltd's profit grew to ₹557.02 crore from ₹425.82 crore in the preceding year. Total income increased to ₹2,579.08 crore from ₹2,100.28 crore.
Data centres are specialized facilities that house servers, storage systems, and networking equipment used to store, process, and manage digital data. They form the backbone of cloud computing, artificial intelligence, online banking, streaming services, and other internet-based applications. Anant Raj, primarily a real estate developer, has expanded into the data centre business in recent years. The company is developing data centre parks, particularly in the Delhi-NCR region, aiming to benefit from the growing demand for cloud services, AI infrastructure, and digital storage in India.
