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.
The family-run real estate firm plans to invest ₹2,300 crore generated from internal cash accruals over the next three to four years in acquisitions, JVs, joint development agreements (JDAs), and society redevelopment opportunities.
This story is from the December 20, 2024 edition of Mint Hyderabad.
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This story is from the December 20, 2024 edition of Mint Hyderabad.
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