Om Freight Forwarder gains on making investment of Rs 32 crore for acquisition of warehouse
Om Freight Forwarders is currently trading at Rs. 87.77, up by 0.55 points or 0.63% from its previous closing of Rs. 87.22 on the BSE.
The scrip opened at Rs. 89.45 and has touched a high and low of Rs. 89.45 and Rs. 87.77 respectively. So far 118 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 107.44 on 18-Nov-2025 and a 52 week low of Rs. 59.00 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 92.95 and Rs. 74.00 respectively. The current market cap of the company is Rs. 301.23 crore.
The promoters holding in the company stood at 74.86%, while Institutions and Non-Institutions held 1.19% and 23.95% respectively.
Om Freight Forwarder has made an investment of approximately Rs 32 crore for the acquisition of a warehouse situated at Mauje Sarade, Taluka Uran, District Raigad. The acquisition, financed through a term loan from a bank and internal accruals, is expected to be operational within 3 months.
The new facility will provide approximately 1,98,000 sq. ft. of open and closed warehousing capacity (Purchased), adding the company's existing approximately 2,50,000 sq. ft. of warehousing /storage capacity across existing locations (leased). The acquisition is aimed at enhancing storage and logistics handling capacity, supports demand growth, strengthens distribution network, and improves efficiency.
