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Omax Autos is currently trading at its upper circuit limit of Rs. 80.90, up by 3.85 points or 5.00% from its previous closing of Rs. 77.05 on the BSE.The scrip opened at Rs. 80.90 and has touched a high and low of Rs. 80.90 and Rs. 80.90 respectively. So far 650 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 215.90 on 29-Jan-2018 and a 52 week low of Rs. 67.70 on 05-Dec-2017.Last one week high and low of the scrip stood at Rs. 82.00 and Rs. 74.10 respectively. The current market cap of the company is Rs. 164.80 crore.The promoters holding in the company stood at 54.47%, while Institutions and Non-Institutions held 2.63% and 42.90% respectively.Omax Autos has received approval for setting up a new industrial unit for manufacture and supply of ‘Long Member’ at or around Raebareli in the state of Uttar Pradesh. The Board of Directors of the Company at its meeting held on December 03, 2018 has approved the same.The proposed capacity is to be added within 3 years at an investment of Rs 165 crore around 50% of the investment would be funded through Equity and remaining 50% through external borrowings.Omax Autos manufactures a range of components for automobiles ranging from two-wheelers, three-wheelers, Off-Highway, passenger cars, commercial vehicles and railways.
Omax Autos is currently trading at Rs. 117.20, up by 5.45 points or 4.88% from its previous closing of Rs. 111.75 on the BSE.The scrip opened at Rs. 116.00 and has touched a high and low of Rs. 117.30 and Rs. 113.35 respectively. So far 27948 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 215.90 on 29-Jan-2018 and a 52 week low of Rs. 62.10 on 28-Sep-2017.Last one week high and low of the scrip stood at Rs. 117.30 and Rs. 104.20 respectively. The current market cap of the company is Rs. 250.88 crore.The promoters holding in the company stood at 54.54%, while Institutions and Non-Institutions held 2.63% and 42.83% respectively.Omax Autos has received board’s approval to double manufacturing capacity of products and equipment supplied to railways over the next 2-3 years. The company currently has a manufacturing capacity to convert around 4,800 tonnes per annum of steel into various parts and equipment required by the railways.The company’s capacity expansion exercise would require an investment in the range of Rs 100 crore to Rs 120 crore. It listed various tools including realisation from disposal of existing surplus assets, internal accruals and external borrowings to fund the proposed investment.Omax Autos manufactures a range of components for automobiles ranging from two-wheelers, three-wheelers, Off-Highway, passenger cars, commercial vehicles and railways.
Omax Autos is currently trading at Rs. 179.20, up by 0.05 points or 0.03% from its previous closing of Rs. 179.15 on the BSE.The scrip opened at Rs. 173.10 and has touched a high and low of Rs. 182.00 and Rs. 173.10 respectively. So far 4029 shares were traded on the counter.The BSE group `T` stock of face value Rs. 10 has touched a 52 week high of Rs. 215.90 on 29-Jan-2018 and a 52 week low of Rs. 62.10 on 28-Sep-2017.Last one week high and low of the scrip stood at Rs. 186.95 and Rs. 155.50 respectively. The current market cap of the company is Rs. 376.75 crore.The promoters holding in the company stood at 54.59%, while Institutions and Non-Institutions held 3.87% and 41.54% respectively. Omax Autos’s promoter Warun Mehta has sold 7,009 equity shares of the company for an amount of around Rs 13 lakh through open market sale on June 14, 2018. With this sale, the stake has reduced from 87,009 equity shares or 0.41% to 80,000 equity shares or 0.37%.Omax Autos manufactures a range of components for automobiles ranging from two-wheelers, three-wheelers, Off-Highway, passenger cars, commercial vehicles and railways.
Omax Autos is currently trading at its upper circuit limit of Rs. 153.90, up by 7.30 points or 4.98% from its previous closing of Rs. 146.60 on the BSE.The scrip opened at Rs. 153.90 and has touched a high and low of Rs. 153.90 and Rs. 148.55 respectively. The BSE group `T` stock of face value Rs. 10 has touched a 52 week high of Rs. 215.90 on 29-Jan-2018 and a 52 week low of Rs. 62.10 on 28-Sep-2017.Last one week high and low of the scrip stood at Rs. 162.90 and Rs. 135.00 respectively. The current market cap of the company is Rs. 329.16 crore.The promoters holding in the company stood at 54.59%, while Institutions and Non-Institutions held 3.87% and 41.54% respectively.Omax Autos has approved the proposal for diversification and expansion of existing capacity for manufacturing products and equipment supplied to railways. The company has existing manufacturing capacity of around 4,800 tonnes per annum of steel into various parts and equipment required by the railways.In this regard, the company will invest Rs 100 crore to Rs 120 crore in phases and the proposed capacity addition is to be done in next 2-3 years. The company will fund the said proposed expansion by realisation from disposal of existing surplus assets, internal accruals and external borrowings.Omax Autos manufactures a range of components for automobiles ranging from two-wheelers, three-wheelers, Off-Highway, passenger cars, commercial vehicles and railways.
Omax Autos is currently trading at Rs. 173.00, up by 8.20 points or 4.98% from its previous closing of Rs. 164.80 on the BSE.The scrip opened at Rs. 173.00 and has touched a high and low of Rs. 173.00 and Rs. 173.00 respectively. So far 1254 shares were traded on the counter.The BSE group `T` stock of face value Rs. 10 has touched a 52 week high of Rs. 215.90 on 29-Jan-2018 and a 52 week low of Rs. 62.10 on 28-Sep-2017.Last one week high and low of the scrip stood at Rs. 173.00 and Rs. 162.20 respectively. The current market cap of the company is Rs. 370.02 crore.The promoters holding in the company stood at 54.59%, while institutions and non-institutions held 3.87% and 41.54% respectively.Omax Autos has reported a net profit of Rs 13.17 crore for the quarter ended March 31, 2018 as compared to net loss of Rs 0.32 crore for the same quarter in the previous year. Total income of the company increased by 16.54% at Rs 344.98 crore for quarter under review as compared to Rs 296.03 crore for the quarter ended March 31, 2017.For the year ended March 31, 2018, the company has posted a net profit of Rs 7.66 crore as compared to net loss of Rs 2.19 crore for the previous year. Total income of company increased by 2.79% at Rs 1220.03 crore for year under review as compared to Rs 1186.97 crore for the year ended March 31, 2017.
The December 2017 quarter revenue stood at Rs. 3056.24 millions, up 7.47% as compared to Rs. 2843.68 millions during the corresponding quarter last year.The Total Profit for the quarter ended December 2017 of Rs. 124.85 millions grew from Rs.-30.70 millionsOP of the company witnessed a marginal growth to 246.64 millions from 59.65 millions in the same quarter last year. (Rs. in Million) Quarter ended Year to Date Year ended 201712 201612 % Var 201712 201612 % Var 201703 201603 % Var Sales 3056.24 2843.68 7.47 8692.87 8850.04 -1.78 10422.20 10268.70 1.49 Other Income 20.23 19.01 6.42 57.62 59.29 -2.82 38.50 56.10 -31.37 PBIDT 246.64 59.65 313.48 284.10 306.38 -7.27 390.80 583.80 -33.06 Interest 73.17 54.05 35.37 216.40 157.92 37.03 124.30 144.10 -13.74 PBDT 173.47 5.60 2997.68 67.70 148.46 -54.40 266.50 439.70 -39.39 Depreciation 57.06 61.23 -6.81 169.42 178.70 -5.19 265.00 284.10 -6.72 PBT 116.41 -55.63 -309.26 -101.72 -30.24 236.38 1.50 155.60 -99.04 TAX -8.43 -24.93 -66.19 -39.82 -12.09 229.36 16.60 73.80 -77.51 Deferred Tax -8.43 -5.98 40.97 -39.82 -17.43 128.46 12.20 25.60 -52.34 PAT 124.85 -30.70 -506.68 -61.91 -18.17 240.73 -15.10 81.80 -118.46 Equity 213.88 213.88 0.00 213.90 213.90 0.00 213.90 213.88 0.01 PBIDTM(%) 8.07 2.10 284.73 3.27 3.46 -5.60 3.75 5.69 -34.04
Omax Autos is currently trading at Rs. 72.00, down by 1.00 points or 1.37% from its previous closing of Rs. 73.00 on the BSE.The scrip opened at Rs. 71.75 and has touched a high and low of Rs. 72.50 and Rs. 71.75 respectively. So far 2,630 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 103.40 on 21-Oct-2016 and a 52 week low of Rs. 65.05 on 03-Aug-2016.Last one week high and low of the scrip stood at Rs. 78.20 and Rs. 71.75 respectively. The current market cap of the company is Rs. 154.00 crore.The promoters holding in the company stood at 56.24%, while Institutions and Non-Institutions held 0.09% and 43.67% respectively. Omax Autos has closed manufacturing activities in its unit named Automax situated at Delhi-Jaipur Highway, Village & P.O. Binola, Gurgaon, Haryana, with effect from June 24, 2017. Necessary intimation was given to authorities under Industrial Dispute Act, 1947 (ID Act) in this regard.Omax Autos manufactures a range of components for automobiles ranging from two-wheelers, three-wheelers, Off-Highway, passenger cars, commercial vehicles and railways.
Omax Autos is currently trading at Rs. 89.20, up by 6.10 points or 7.34% from its previous closing of Rs. 83.10 on the BSE.The scrip opened at Rs. 82.30 and has touched a high and low of Rs. 92.80 and Rs. 82.30 respectively. So far 51930 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 103.40 on 21-Oct-2016 and a 52 week low of Rs. 57.25 on 06-Jun-2016.Last one week high and low of the scrip stood at Rs. 92.80 and Rs. 82.00 respectively. The current market cap of the company is Rs. 176.67 crore.The promoters holding in the company stood at 56.24%, while institutions and non-institutions held 0.09% and 43.67% respectively.Omax Autos has received revised contract from Ministry of Railways. Based on the performance of the company’s Railways Division during September 2016 to February, 2017, Railway Board has increased its ordered quantity of coaches for fitment of Bio-digester tanks to 3087 coaches from 1371 coaches earlier. The value of the increased order, net off earlier business awarded, is around Rs 60 crore.Omax Autos manufactures a range of components for automobiles ranging from two-wheelers, three-wheelers, Off-Highway, passenger cars, commercial vehicles and railways.
Omax Autos is currently trading at Rs. 84.95, up by 2.60 points or 3.16% from its previous closing of Rs. 82.35 on the BSE.The scrip opened at Rs. 84.10 and has touched a high and low of Rs. 85.00 and Rs. 84.10 respectively. So far 5,819 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 103.40 on 21-Oct-2016 and a 52 week low of Rs. 57.25 on 06-Jun-2016.Last one week high and low of the scrip stood at Rs. 96.40 and Rs. 81.10 respectively. The current market cap of the company is Rs. 181.69 crore.The promoters holding in the company stood at 56.24%, while Institutions and Non-Institutions held 0.09% and 43.67% respectively. Omax Autos has received an approval to close one of the business unit of the company named ‘Automax’ situated at Delhi-Jaipur Highway, Binola, Gurgaon in state of Haryana. The board of directors at its meeting held on April 19, 2017 has approved for the same.The company is taking this step due to lack of business, high manpower cost and recurring losses. The unit is expected to be closed within six months subject to regulatory approvals. Omax Autos manufactures a range of components for automobiles ranging from two-wheelers, three-wheelers, Off-Highway, passenger cars, commercial vehicles and railways.
Omax Autos has informed that the 33rd Annual General Meeting (AGM) of the Company will be held on September 12, 2016.The above information is a part of company’s filings submitted to BSE.
Omax Autos has informed that the Register of Members & Share Transfer Books of the Company will remain closed from September 07, 2016 to September 12, 2016 for the purpose of Payment of Final Dividend & 33rd Annual General Meeting (AGM) of the Company to be held on September 12, 2016.The above information is a part of company’s filings submitted to BSE.
Omax Autos has informed about Outcome of Board Meeting held on July 27, 2016.The above information is a part of company’s filings submitted to BSE.