Omaxe trades higher as its arm gets RERA Registration Certificate for two projects in Faridabad
Omaxe is currently trading at Rs. 79.24, up by 0.84 points or 1.07% from its previous closing of Rs. 78.40 on the BSE.
The scrip opened at Rs. 79.40 and has touched a high and low of Rs. 79.40 and Rs. 79.07 respectively. So far 927 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 113.51 on 18-Jun-2025 and a 52 week low of Rs. 62.85 on 09-Dec-2025.
Last one week high and low of the scrip stood at Rs. 79.69 and Rs. 77.00 respectively. The current market cap of the company is Rs. 1449.85 crore.
The promoters holding in the company stood at 74.14%, while Institutions and Non-Institutions held 6.67% and 19.19% respectively.
Omaxe’s wholly owned subsidiary-- Omaxe World Street has received RERA Registration Certificate for two of its projects, i.e. ‘Omaxe Residences’ and ‘SCO PHASE-3 EXTENSION’ both situated at, Sector-79, Faridabad.
The RERA Registration certificate for Omaxe Residences project is valid till December 22, 2030 and for SCO PHASE-3 EXTENSION project valid till August 31, 2030, unless extended by the concerned Authority.
RERA registration certifies compliance with regulations, enhances credibility, ensures timely delivery, and fosters trust with buyers by guaranteeing transparency and legal protection. This approval enables wholly owned subsidiary to sale, transfer or advertise the Projects. It will ultimately strengthen the brand value and positively impact the consolidated financial performance of the company.
