Omax Autos trades jubilantly on getting revised order from Ministry of Railways

27 Apr 2017 Evaluate

Omax Autos is currently trading at Rs. 89.20, up by 6.10 points or 7.34% from its previous closing of Rs. 83.10 on the BSE.

The scrip opened at Rs. 82.30 and has touched a high and low of Rs. 92.80 and Rs. 82.30 respectively. So far 51930 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 103.40 on 21-Oct-2016 and a 52 week low of Rs. 57.25 on 06-Jun-2016.

Last one week high and low of the scrip stood at Rs. 92.80 and Rs. 82.00 respectively. The current market cap of the company is Rs. 176.67 crore.

The promoters holding in the company stood at 56.24%, while institutions and non-institutions held 0.09% and 43.67% respectively.

Omax Autos has received revised contract from Ministry of Railways. Based on the performance of the company’s Railways Division during September 2016 to February, 2017, Railway Board has increased its ordered quantity of coaches for fitment of Bio-digester tanks to 3087 coaches from 1371 coaches earlier. The value of the increased order, net off earlier business awarded, is around Rs 60 crore.

Omax Autos manufactures a range of components for automobiles ranging from two-wheelers, three-wheelers, Off-Highway, passenger cars, commercial vehicles and railways.

 

Omax Autos Share Price

97.35 1.90 (1.99%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Adani Enterprises 3193.55
Redington 208.20
Amrapali Industries 13.87
Rashi Peripheral 312.50
Compuage Infocom 4.21
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.