Omaxe gains on plan to create Special Theme Zone in Greater Noida

23 Sep 2013

Omaxe is currently trading at Rs 145.50, up by 0.30 points or 0.21% from its previous closing of Rs 145.20 on the BSE.

The scrip opened at Rs 145.50 and has touched a high and low of Rs 145.60 and Rs 145.40 respectively. So far 44768 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 171.20 on 04-Oct-2012 and a 52 week low of Rs 136.00 on 21-Jun-2013.

Last one week high and low of the scrip stood at Rs 147.40 and Rs 142.50 respectively. The current market cap of the company is Rs 2526.27 crore.

The promoters holding in the company stood at 83.79% while Institutions and Non-Institutions held 6.22% and 9.99% respectively.

Omaxe, the country’s leading real estate developer, and Wizcraft, the premier entertainment agency, are associating for the first time for creation of a Special Theme Zone at Omaxe Connaught Place (OCP) in Greater Noida. This Special Theme Zone will showcase a never-seen-before concept theme zone that is intended to not only entertain and excite but also educate and empower.

Spread over approximately 30,000 square feet, Wizcraft will conceptualize and execute these thematic entertainments that will cater to all age groups. OCP will emerge as a weekly hang-out zone for the fun and entertainment loving population of Delhi-NCR. OCP is also expected to become major attraction for adjoining cities like Agra, Mathura, Vrindavan and Aligarh and more importantly the ever-rising domestic and international tourists. A footfall of more than 50,000 is expected on a daily basis.

This association between Omaxe and Wizcraft will be yet another feather in the cap of Greater Noida, which already boasts of a superior infrastructure like F1 Track, Night Safari, and world class Golf Course, Education Hub, Yamuna Expressway etc.

Wizcraft is credited with live entertainment shows with Bollywood style musical ‘Kingdom of Dreams’ in Gurgaon, UFA Awards and the Commonwealth Games Opening & Closing Ceremony - 2010. Wizcraft brings with it the expertise and innovation required to take OCP to another level of attractiveness and emerge as a standalone entertainment provider in the region.

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