Omaxe sales booking up 11%

The average sales realisation fell by 3% to Rs 3,372 per sq ft in 2015-16 fiscal, says report.

Jun 14, 2016 07:06 IST India Infoline News Service

Omaxe Ltd sold residential and commercial properties worth Rs 1,648 crore in last fiscal, up 11%, says report.
Report says that in volume terms, the company’s sales bookings rose 14 per cent to 4.89 million sq ft during last fiscal.
The average sales realisation fell by 3% to Rs 3,372 per sq ft in 2015-16 fiscal, says report.

Omaxe Ltd ended at Rs. 152.5, down by Rs. 1.15 or 0.75% from its previous closing of Rs. 153.65 on the BSE.
The scrip opened at Rs. 153.5 and touched a high and low of Rs. 153.85 and Rs. 152.4 respectively. A total of 607177(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 2789.23 crore.
The BSE group 'B' stock of face value Rs. 10 touched a 52 week high of Rs. 157.1 on 03-Jun-2016 and a 52 week low of Rs. 130 on 28-Jan-2016. Last one week high and low of the scrip stood at Rs. 157.05 and Rs. 152.4 respectively.
The promoters holding in the company stood at 75 % while Institutions and Non-Institutions held 13.89 % and 11.11 % respectively.
The stock traded above its 50 DMA.

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