Anant Raj shares in focus after Q4 net profit surges over 51% YoY to Rs 118 crore

Synopsis
Anant Raj shares: The company reported a consolidated net profit of ?118.6 crore in Q4, up 51.5% from ?78.3 crore a year ago. Revenue rose 22.2% year-on-year to ?540.7 crore, compared to ?442.6 crore in Q4FY24.
Anant Raj Q4 Results
The company posted a consolidated net profit of Rs 118.6 crore in Q4, up 51.5% from Rs 78.3 crore in the same quarter last year. Revenue rose 22.2% year-on-year to Rs 540.7 crore, compared to Rs 442.6 crore in Q4FY24.
The company has declared a final dividend of Rs 0.73 per equity share (36.50% on face value of Rs 2), subject to shareholder approval at the upcoming AGM. The dividend will be paid within 30 days of its declaration, the company said in a regulatory filing.
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Anant Raj shares price target
As per Trendlyne data, the average target price of the stock is Rs 973, which shows an upside of 97% from the current market prices. The consensus recommendation from 4 analysts for the stock is a 'Strong Buy'.
Stocks Recommendations
Technically, the stock’s Relative Strength Index (RSI) is at 51.3. An RSI below 30 signals oversold conditions, while above 70 indicates overbought territory. The stock’s MACD stands at -21.4, which is below its center line, this is a bearish indicator.
Anant Raj shares are trading above their 5-day, 10-day, 20-day, and 30-day simple moving averages (SMAs) but remain below the 50-day, 100-day, 150-day, and 200-day SMAs.
Anant Raj shares price performance
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