Omaxe rose 0.4% to Rs 125.65 at 12:28 IST on BSE after two block deals aggregating 8.31 lakh shares were executed in the counter on BSE at Rs 125 per share at 11:26 IST.
One block deal was of 4 lakh shares while another deal was of 4.31 lakh shares.
The two block deals constitute 0.45% of Omaxe's equity.
Meanwhile, the S&P BSE Sensex was up 199.38 points or 0.96% at 20,908.
On BSE, so far 8.75 lakh shares were traded in the counter as against average daily volume of 1.81 lakh shares in the past one quarter.
The stock hit a high of Rs 125.80 and a low of Rs 125 so far during the day. The stock had hit a 52-week low of Rs 115.65 on 11 November 2013. The stock had hit a 52-week high of Rs 161.32 on 20 December 2012.
The stock had outperformed the market over the past one month till 19 December 2013, advancing 0.04% compared with the Sensex's 0.87% fall. The scrip had, however, underperformed the market in past one quarter, sliding 10.32% as against Sensex's 0.3% rise.
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The company has equity capital of Rs 182.90 crore. Face value per share is Rs 10.
Omaxe's consolidated net profit fell 21% to Rs 18.15 crore on 21% decline in net sales to Rs 360.75 crore in Q2 September 2013 over Q2 September 2012.
Omaxe is one of the leading real estate companies and a diversified infrastructure conglomerate.
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