Anant Raj shares rally for second straight session, stock gains 33% in a month, here is why

Shares of Anant Raj Limited, the real estate developer which has pivoted to the business of data centres, rose for second straight session on Monday, September 22. The stock has surged as much as 18% in the last two trading sessions to hit an intraday high of ₹688.90 on the BSE. On the National Stock Exchange, Anant Raj shares have advanced as much as 17.62% to hit an intraday high of ₹688.70.

In the last one month, Anant Raj shares have outperformed the benchmarks by rising 33%, data from stock exchanges showed.

Why are Anant Raj shares surging?

Shares of Anant Raj came under buying interest after reports suggested that the government is considering tax exemption for data centres for a period of 20 years.

The incentive, if implemented, would be linked to targets for capacity addition, energy efficiency, and job creation, potentially providing a major boost to the sector, The Economic Times reported.

India’s data centre industry is projected to add 795 megawatts of new capacity by 2027. This will take the total to 1,925 megawatts, according to a study by real estate consulting firm JLL.

Meanwhile, the company last week informed exchanges that its representatives will be meeting institutional investors in Japan on Friday, September 26.

Anan Raj started cloud services in its two facilities at Manesar and Panchkula. This, in addition to its core data centre service vertical, has helped the company secure a significant contract with a major private client.

Both the facilities in Manesar and Panchkula have started integrating cloud services through a strategic partnership with Orange Business. The company has plans to establish itself as a major player in this domain. In Q1FY26, Anant Raj reported ₹592 crore in revenue and ₹126 crore in net profit.

It is emerging as a prominent player in India's growing data centre market and has expansion plans across its Manesar, Panchkula, and Rai facilities, including both brownfield and greenfield developments.

In Q1 FY26, Anant Raj reported ₹592 crore in revenue, a 26% YoY increase, and PAT at ₹126 crore, up 38% YoY, which indicates strong operational performance and growth.

As of 1:54 pm, Anant Raj shares traded 5.56% higher at ₹676, outperforming the NIFTY Smallcap 250 index, which was down 0.56%.