News for Omaxe Limited (OMAXE.NS)

In the Nifty 50 index, 11 stocks ended in the green, while 39 stocks closed in the red in today's trade.

Omaxe to invest Rs ₹400 crore in Faridabad for two commercial projects, part of 'World Street by Omaxe.'

Realty firm Omaxe Group will invest Rs 2,500 crore to develop a 50-acre commercial-cum-sports complex at Dwarka.

Omaxe's shares fell 5% following a Sebi order barring the company and its executives from the securities market for two years due to financial irregularities. Sebi also fined 16 entities for manipulating financial statements between 2018 and 2021, thus misleading investors and maintaining the company's scrip prices.

These Bus Terminals will be developed under design, build, finance, operate and transfer (DBFOT) model on PPP basis.

Stocks to watch: Check out the companies making headlines before the opening bell today, on February 19, 2024.

A long build-up was seen in 72 stocks, which included National Aluminium Company, Metropolis Healthcare, Mphasis, TVS Motor Company, and Dr Lal PathLabs.

Warburg Pincus divests stake in Kalyan Jewellers, spectrum auction approved, railway projects approved, and more corporate news.

HUL announces key changes to MC, deepening focus on Beauty & Personal Care. Harman Dhillon & Kartik Chandrasekhar join MC as Exec. Directors. Tata Power wins bid to acquire Bikaner-III Neemrana-II Transmission Ltd. Granules India receives US FDA approval for Sildenafil for Oral Suspension. Alkem Labs receives Form 483 with 3 observations. Tata Consumer Products appoints Ashish Goenka as Group CFO. Avantel Ltd receives Provisional Purchase Order worth Rs.67.92 cr. AstraZeneca Pharma India gets permission to import new drug. Lemon Tree Hotels opens Lemon Tree Hotel, Dapoli. Prime Securities Ltd to acquire 60% stake in Prime Global Asset Mgmt. Sadhna Nitro Chem to raise funds via rights issue. Harsha Engineers & Goldi Solar to jointly bid for tender. Mahindra EPC Irrigation wins contract. RSWM Ltd to acquire Spinning, Knitting & Processing Undertaking. Omaxe acquires 75% stake in FBD Real Grow. KPI Green Energy receives orders for solar power projects. Stelis Biopharma & Syngene execute final agreements. LG Balakrishnan to acquire Pondicherry Plant. HFCL & HTL receive orders for Optical Fiber Cables. Salasar Techno Engineering bags EPC contract. GPT Infraprojects receives arbitration amounts. GMM Pfaudler US completes acquisition of Professional Mixing Equip. Bright Outdoor Media clinches Western Railways contract. EP Biocomposites gets order for STP. Shelter Pharma secures order from Taha Drugs & Chemicals. Trishakti Industries obtains contract from PSU in oil & gas.

The company’s shares, which closed at Rs 44.21 on September 20 ended at Rs 75.33 on Friday (previous trading session), gaining 70.39% during the period. The stock has ended in green since September 20

The dispute started in 2017 between Rohtas Goel, the founder of the Omaxe Group, and his brother, Sunil Goel, regarding the functioning of the company.

A small negative candle emerged on the daily chart with a minor lower shadow. Technically, this pattern suggests a slight upside bounce in the market with range-bound action

The Nifty Pharma index was trading 0.03 per cent up at 15165.95.

Gokaldas Export, A G Universal, Aristo Bio-Tech, All E Technologies and Wonder Fibromats, hit their fresh 52-week highs at 11:05AM.

The Nifty IT index closed 0.11 per cent down at 30902.4.

Indian stock markets remain green today, in intra day trading. Nifty 50 opened at 16,661.25 points while Sensex opened at 55,800.84 points, on July 22. Till 10.39 am, Nifty 50 was up by 0.10%, and Sensex was up by 0.08%. Nifty PSU Bank surged by 0.40%, Nifty Private Bank gained by 0.72%, and Nifty energy fell by 0.22%. Yes Bank, Idea, and RBL Bank are the 3 top active stocks today.

In the Nifty50 index, 32 stocks closed in the green, while 18 stocks ended in the red.

BSE Sensex and Nifty 50 were trading over 1 per cent higher on Thursday, a day of monthly F&O expiry, as bulls made a comeback.

BSE Sensex and Nifty 50 were trading over half a per cent a higher on Thursday, on the back of buying in index heavyweights