Record Sales Drive Share Rally

Ajmera Realty and Infra India shares surged on Wednesday, climbing nearly 10% to ₹200 on the National Stock Exchange (NSE). This rally followed the company's announcement of a record ₹1,431 crore in sales for the first nine months of the financial year 2026 (9MFY26).

The real estate developer reported its highest-ever sales figures for the 9MFY26 period. Ajmera Realty indicated it is on track to surpass its annual guidance of ₹1,600 crore, a positive signal for investors.

Strong Quarterly Performance Boosts Outlook

In the third quarter of FY26 (Q3FY26), the company posted sales value of ₹603 crore. Collections saw a significant boost, doubling year-on-year to ₹333 crore, enhancing the company's cash flow visibility.

Ajmera Realty's strong Q3 performance was partly fueled by the launch of Ajmera Solis in Vikhroli. The project's first phase achieved remarkable customer response, with 84% of its inventory absorbed post-launch. This success contributed to a substantial 123% year-on-year increase in total sales during the quarter. Sales area also expanded by 59% year-on-year, reaching 2,62,975 square feet.

Analyst Perspectives on Price Movement

Market analysts note Ajmera Realty is trading within a defined 58-week triangle pattern. Anshul Jain, head of research at Lakshmishree, observed that the stock faces resistance near ₹220. A decisive breakout above this level, supported by increased trading volume, could propel the stock towards ₹255-₹260. However, until a clear breakout occurs, the stock is expected to remain range-bound. The risk-reward profile improves significantly only if the stock sustains above ₹220.