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Ajmera Realty to invest around Rs 1,000 crore in four projects despite COVID-19


Ajmera Realty to invest around Rs 1,000 crore in four projects despite COVID-19
© Vandana Ramnani
Ajmera Realty to invest around Rs 1,000 crore in four projects despite COVID-19
Dhaval Ajmera, director, Ajmera Realty & Infra India Ltd, is an optimist and believes the long-term real-estate story remains intact. He is looking forward to launch four projects, spread across 15 lakh sq ft in Mumbai, Bengaluru and Pune this year.
The 40-year-old Ajmera, who is into adventure sports, and has completed four full marathons, is a firm believer in paring debt and hopes to reduce it by 20-30 percent more this fiscal.
The company recently decided to exit from its project in Bahrain. ....

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Another bullish day may lift Nifty above 15,300 - The Hindu BusinessLine


Another bullish day may lift Nifty above 15,300
May 25, 2021
Declining Covid cases, positive global cues to boost sentiment
Positive global cues coupled with declining Covid-19 cases will likely keep the bull momentum going for the Indian markets on Tuesday as well. However, according to analysts, markets will see heightened volatility due to expiry of May month derivative contracts on the NSE on Thursday. According to them, the current trend in F&O suggests better rollover of long positions.
The SGX Nifty futures is currently ruling at 15,333 (8 am IST) and indicates at least a 100-point gap-up opening for Nifty. The Nifty May and June futures on Monday closed at 15,202.65 and 15,230.95 respectively. ....

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