Omaxe Limited Stock Research

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Omaxe Limited Detail

Omaxe Limited is in portfolio of Seema Goel. He is one of the top investors in India. The company belongs to Real Estate sector. 

As per the Company website it is in business of Real Estate development with focus on North India. The Company has presence in 8 states and 27 cities. The eight states are Delhi NCR, Uttar Pradesh, Uttarakhand, Madhya Pradesh, Himachal Pradesh, Punjab, Haryana and Rajasthan.

Some of the notable projects by this Company are

  • Palm Villas Greater Noida
  • Omaxe Gurgaon Mall in Gurgaon
  • Omaxe Heights Faridabad
  • NRI City Center Greater Noida

The Company has diversified asset classes of Townships, Residential, Commercial – Shopping Malls , Office Spaces and Hotels. The Company properties are present in Tier 2 and Tier 3 cities as well like Vrindavan etc.

I have shared long term price performance chart of the Company below.As per Dow theory of technical analysis price performance over a period of time reflects Company state.

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Omaxe Limited Stock Performance

The stock choose wrong time to get listed on stock exchanges. It had good listing with listing price of 275. Soon after listing the Company witnessed huge jump giving fine return to IPO investors.

Due to Global Crisis the stock nosedived like most real estate Companies and went below 50 mark.But after that shocker it has performed steadily despite most real estate companies had fluctuating performance over the years. It had positive movement every year and is now trading above 200 mark. The Company is on steady rise as you can see from narrow 52 week low and 52 week high price.

Omaxe Limited My Opinion

Omaxe Limited is a Real Estate Company. The Company has focus mainly on North India. It has good presence in North India. It covers 27 cities which includes many Tier 2 and Tier 3 cities of the region.

It has delivered many projects successfully. Many are ready to move and many are under construction all in the same region. The steady price performance is also lucrative for investors. It has not shown slow down in recent years despite huge fall after the global crisis.

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Real Estate Companies have struggled in recent times. I have not invested in this Sector as of now. But looking at performance of this stock for last decade it seems to be decent stock in this sector. I do not like investing in debt heavy industry so I will not be investing in this sector.

In case you are interested then you can track the company by adding it to your stock watch list. That way you can keep close eye on the Company.


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