Omaxe rose 0.55% to Rs 126.95 at 14:16 IST on BSE after a block deal of 8.6 lakh shares was executed in the counter on BSE at Rs 126.70 per share at 13:05 IST.
The block deal constitutes 0.47% of Omaxe's equity.
Meanwhile, the S&P BSE Sensex was up 256.65 points or 1.25% at 20,791.56.
On BSE, 9.41 lakh shares were traded in the counter as against average daily volume of 1.34 lakh shares in the past two weeks.
The stock hit a high of Rs 127.15 and a low of Rs 126.45 so far during the day.
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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