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Omax Autos retrenches majority of workers at two units

05 Feb 2019 Evaluate

Omax Autos has retrenched majority of workers employed at Speedomax unit situated at 64 K. M. Stone, Dethaipur Highway, Village Sidhrawali, Gurgaon, Haryana, and Sprocket Unit situated at 69 K.M. Stone, Delhi Jaipur Highway, Dharuhera, District Rewari (Haryana).

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

Peers
Company Name CMP
SamvardhanaMotherson 158.60
Tube Investments 2170.00
Bosch 50765.00
UNO Minda 1327.90
Bombay Burmah Trdg. 1283.55
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