Realty stock hits 10% upper circuit after announcing ₹2,800 Cr investment to transform India’s urban landscapesRealty stock hits 10% upper circuit after announcing ₹2,800 Cr investment to transform India’s urban landscapes

Introduction:

Leading realty company has launched a transformative initiative with a ₹2,800 crore investment. Focused on joint ventures and public-private partnerships, it aims to modernize cities, address infrastructure gaps, and drive sustainable socio-economic growth across India.

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Share price movement of Omaxe:

On January 27, 2025, Omaxe Ltd. opened at ₹88.50, down from its previous close of ₹89.70. The stock reached a high of ₹98.65 (3.73%) and a low of ₹81.10. By 2:45 PM, it traded at ₹93.05, a 3.73% increase, with a market cap of ₹1,701.89 crore.

Omaxe Launches BeTogether for Urban Transformation:

Omaxe Group has introduced BeTogether, a brand focused on revolutionizing urban development in India. With an investment of ₹2,800 crore over 3-5 years, the initiative aims to generate ₹5,000 crore revenue through innovative real estate collaborations.

BeTogether will leverage joint ventures and Public-Private Partnerships (PPP) to address infrastructure challenges and promote socio-economic growth. Its projects include BeTogether Centre Point Vrindavan and upgrades to key bus terminals in Uttar Pradesh, modernizing Tier 2 and Tier 3 cities.

Under the leadership of Omaxe’s Rohtas Goel, Mohit Goel, and Jatin Goel, BeTogether envisions sustainable urban transformation. Building on Omaxe’s legacy, the brand aligns with national initiatives like Smart Cities, delivering modern infrastructure and inclusive growth.

Ace investor holding in Omaxe:

Ajay Upadhyaya

Ajay Upadhyaya holds a 1.37% stake in Omaxe Ltd., with 2,500,000 shares valued at ₹23.2 crore. This significant holding highlights his confidence in the company’s growth and potential in the real estate sector.

Stock performance of Omaxe for Period of 1 week, 6 months and 1 year:

Omaxe Ltd. has experienced a decline in performance, with a 3.01% drop over the past week, a 41.7% decrease over six months, and a 6.19% fall over the past year, reflecting challenges in its recent financial performance.

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Shareholding pattern of Omaxe:

All values in %	Dec 2024	Sep 2024	Jun 2024
Promoter	74.10%	74.10%	74.10%
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) was founded in 1987 by Mr. Rohtas Goel, expanding into real estate in 2001. With a diverse portfolio, the company has delivered over 135 million SFT across 31 cities, excelling in both luxury and affordable segments.

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.