Introduction:
Leading realty company has secured a contract to modernize six major bus terminals in Uttar Pradesh. With a ₹2,700 crore investment, the project aims to enhance transit infrastructure, improve passenger facilities, and create commercial hubs, driving urban development and economic growth.
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Share price movement of Omaxe:
On March 7, 2025, Omaxe Ltd. opened at ₹84.80, up 7.17% from its previous close of ₹79.13. The stock reached a high of ₹89.11 (8.93%) and a low of ₹80.31. By 12:19 PM, it traded at ₹86.20, with a market cap of ₹1,576.60 crore.
BeTogether to Modernize Six Key Bus Terminals in Uttar Pradesh:
BeTogether, a brand under Omaxe Group, has secured a contract from UPSRTC to upgrade six major bus terminals in Uttar Pradesh. The modernization projects, valued at ₹2,700 crore, will integrate heritage-inspired architecture with contemporary infrastructure, enhancing passenger convenience and boosting commercial potential.
The six terminals, located in Ghaziabad, Lucknow (Gomti Nagar and Amausi), Prayagraj, Kaushambi, and Ayodhya, will feature modern amenities like automated ticketing, digital displays, AC lounges, and commercial spaces. The total built-up area is 70.80 lakh sqft, with expected revenue generation of ₹4,700 crore.
The projects aim to transform urban transit hubs into thriving commercial centers, incorporating retail spaces, banquet halls, office areas, and EV charging stations. Strategically located, these terminals will enhance connectivity, foster economic growth, and contribute to India’s vision of smart, future-ready infrastructure.
Recent news on Omaxe:
As of February 01, 2025, Omaxe Ltd reported a sharp decline in financial performance, with net sales dropping 51.78% YoY to ₹288.94 crore and a net loss widening 109.82% to ₹150.59 crore, reflecting significant operational challenges.
Ace investor holding in Omaxe:
Ajay Upadhyaya
Ajay Upadhyaya holds a 1.37% stake in Omaxe Ltd., owning 2,500,000 shares valued at ₹21.6 crore. His significant holding reflects confidence in the company’s growth potential and ongoing real estate developments across key urban centers.
Stock performance of Omaxe for Period of 1 week, 6 months, and 1 year:
Omaxe Ltd’s stock showed a modest 0.39% gain over the past week but faced significant declines, dropping 34.9% over six months and 19.9% over the past year, reflecting ongoing market challenges and investor concerns about its performance.
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Shareholding pattern of Omaxe:
| Particulars | Dec 2024 | Sep 2024 | Jun 2024 |
| Promoter | 74% | 74% | 74% |
| FII | 7.30% | 7.20% | 7.10% |
| DII | 2.30% | 2.30% | 2.30% |
| Public | 16.30% | 16.40% | 16.50% |
About Omaxe:
Omaxe Ltd (NSE: OMAXE) is a leading real estate developer with a presence in 27 cities across 8 states in India. The company specializes in residential, commercial, and retail projects, including townships, commercial complexes, and multi-storied apartments.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
