Anant Raj shares surge 4% on ₹4,500-crore investment plan in Andhra Pradesh

Shares of Anant Raj rallied as much as 4% to their day’s high of ₹639.50 on the NSE on Monday, November 17, after the company announced plans to deploy ₹4,500 crore to set up a data centre and IT park in Andhra Pradesh.

Anant Raj Cloud Private Limited (ARCPL), a wholly owned subsidiary of Anant Raj Limited, has signed an MoU with the Andhra Pradesh Economic Development Board (APEDB) to develop new data centre facilities and an IT park in the state.