India's Omaxe rises on $140 million township expansion

Omaxe

08/07/2025 08:16

** Shares of India's Omaxe OMAX.NS rise 4% to 106 rupees

** Real estate developer's unit announces 12 billion rupees ($140.08 million) investment for 450-acre integrated township in Indore

** Project to generate 25 billion rupees in revenue over three years

** Over 1 million shares traded, 1.1x 30-day moving average

** Stock down 3.3% YTD

($1 = 85.6625 Indian rupees)

 (Reporting by Rudra Pratap Singh in Bengaluru)

 ((rudrapratap.singh@thomsonreuters.com))