Omax Autos is currently trading at Rs. 65.80 up by 1.50 points or 2.33% from its previous closing of Rs. 64.30 on the BSE.
The scrip opened at Rs. 64.30 and has touched a high and low of Rs. 66.80 and Rs. 64.30 respectively. So far 7,129 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 94.00 on 01-Jan-2016 and a 52 week low of Rs. 40.00 on 26-Jun-2015.
Last one week high and low of the scrip stood at Rs. 66.80 and Rs. 62.00 respectively. The current market cap of the company is Rs. 140.73 crore.
The promoters holding in the company stood at 56.24%, while Non-Institutions held 43.76% stake in the company.
Credit rating agency, India Research and Rating has upgraded rating of Omax Autos’ Long term issuer and RS 70.9 crore term loans (reduced from Rs 90.0 crore) to ‘A’ from ‘BBB+; Outlook Stable’. The rating agency also upgraded the rating of Rs 39.0 crore fund based working capital limits (reduced from Rs 61.25 crore) to ‘A/Stable/A1’ from ‘BBB+/ Stable/A2+’.
The rating agency also upgraded the rating of Rs 25.00 crore fund based working capital limits (increased from Rs 24.5 crore) to ‘A1’ from ‘A2+’.
Omax Autos is an India-based manufacturer of auto and non-auto components. The company offers frame assembly, step pavilion, saree guard, saree guard assembly, handle, main stand and other products for two wheelers.
