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Omaxe moves up on making further investment in its subsidiary company

30 Mar 2015 Evaluate

Omaxe is currently trading at Rs. 134.55, up by 0.25 points or 0.19% from its previous closing of Rs. 134.30 on the BSE.

The scrip opened at Rs. 134.75 and has touched a high and low of Rs. 134.75 and Rs. 134.50 respectively. So far 15430 shares were traded on the counter.

The BSE group 'B ' stock of face value Rs. 10 has touched a 52 week high of Rs. 152.30 on 09-Jun-2014 and a 52 week low of Rs. 120.05 on 14-Aug-2014.

Last one week high and low of the scrip stood at Rs. 134.75 and Rs. 130.65 respectively. The current market cap of the company is Rs. 2460.93 crore.

The promoters holding in the company stood at 74.99% while Institutions and Non-Institutions held 13.55% and 11.46% respectively.

Omaxe has made further investment in its subsidiary company namely Robust Buildwell, by acquiring additional 1,200 Equity Shares of Rs.10 each at a price of Rs. 215 per share aggregating to Rs. 2,58,000 on March 28, 2015 from the existing shareholders of the Company

Omaxe has a land bank of about 4,400 acres in 30 cities across 9 states. The Delhi-based firm is executing 42 real estate projects that include 18 townships, 14 group housing and 10 commercial.

 

Peers
Company Name CMP
Lodha Developers 1162.00
Prestige EstatesProj 1473.00
Dilip Buildcon 412.40
DLF 680.50
Oberoi Realty 1850.05
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