By Admin 
Omaxe ltd share jumps: The shares of Omex Limited Company, which built a project like building and township, have done wonders. These shares jumped 14.26 percent in a day i.e. on Monday. At the same time, in a month, he has given a tremendous return of 31.51 percent and was trading at 106.26. Whereas, in three months it has given a great return of about 44 percent. He has now announced a new project amidst this bounce in the company’s shares.
Omex Limited said that she is now going to expand its project in Punjab. This new township project is being started by Omex Company near GT Road, about 12 minutes from Golden Temple in Amritsar. In this, Rs 1,000 crore will be invested by the company. Omex will launch it by its subsidiary.
1000 crore investment in new project
For this 1000 crore township project, land in Punjab has also been acquired by Omex. According to the information, about 260 acres of land has been acquired. It is being said that before this project starting near Golden Temple, the company has completed the project work in six cities Ludhiana, Patiala, Derabassi, Chandigarh, Amritsar and Bathinda.
The company has made an investment plan of Rs 1000 crore after acquiring about 127 acres of land in the first phase for this project from Omex.
Amazing of small share
Omex shares closed at Rs 107.98 at Rs 107.98 faster after the market closure on Monday. In a week, its stock has given positive returns of 6 percent. Its 162 rupees is a high level of 52 weeks. At this time, it is running 36 percent below its high level, but it is expected that soon it can touch its high level.
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