India's Omaxe surges 13% on 10 billion-rupee Amritsar township project

Omaxe

16/06/2025 10:17

** Shares of Omaxe OMAX.NS soar 13.1% to 107.9 rupees, highest level in over 5 months

** Real estate developer to invest 10 billion rupees  ($116.25 million) on new 260-acre township project in Amritsar, Punjab state

** Project secures regulatory nods; first phase to be completed in nearly 4 years - co

** Trading volume at more than 2 million, 9x 30-day avg

** Session's gain trims YTD losses to 6%

($1 = 86.0210 Indian rupees)

 (Reporting by Aleef Jahan in Bengaluru)

 ((aleefjahan.cs@thomsonreuters.com))