Omaxe jumps on incorporating wholly-owned subsidiary
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Omaxe is currently trading at Rs. 91.55, up by 7.80 points or 9.31% from its previous closing of Rs. 83.75 on the BSE.
The scrip opened at Rs. 85.05 and has touched a high and low of Rs. 96.10 and Rs. 82.90 respectively. So far 79461 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 113.85 on 28-Apr-2022 and a 52 week low of Rs. 66.05 on 02-Dec-2021.
Last one week high and low of the scrip stood at Rs. 88.80 and Rs. 81.50 respectively. The current market cap of the company is Rs. 1522.65 crore.
The promoters holding in the company stood at 74.14 % while Institutions and Non-Institutions held 12.61 % and 13.25 % respectively.
Omaxe has incorporated a wholly-owned subsidiary incorporated in the name of Blackbull Retails on June 16, 2022. The Company will subscribe 10,000 Equity Shares of Rs 10 each aggregating to Rs 1,00,000.
Omaxe is an India-based company engaged in real estate and infrastructure businesses. The Company operates in two segments Real estate and Construction.
