Omax Auto up by nearly 7 per cent as Railway Board expands order
DSIJ Intelligence / 27 Apr 2017
On April 27, 2017, Omax Auto stock traded at Rs 89 on the BSE, an increase of 7 per cent over the previous close. On the NSE, the stock traded at Rs 88.80, up by 6.41 per cent.
Omax Auto's stock soared by about 7 per cent as the Railway Board (Ministry of Railways) increased the quantity of coaches to be produced by the prime OEM supplier for the fitment of bio-digester tanks. With this expansion in order, the order value increased by nearly Rs 60 crore.
Omax Auto is one of the ten most lucrative automotive component manufacturers in India, with several international accreditations.
On April 27, 2017, Omax Auto stock traded at Rs 89 on the BSE, an increase of 7 per cent over the previous close. On the NSE, the stock traded at Rs 88.80, up by 6.41 per cent.
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