/ Om Metals Infraprojects Ltd Stocks Up 6.02%, Receives LOA From FCI For Four Locations ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Monday, 12 December 2016

Om Metals Infraprojects Ltd is currently trading at Rs 46.7, up by Rs 2.65 or 6.02% from its previous closing of Rs 44.05 on the BSE. Om Metals Infraprojects Ltd informed the exchange that the company has received Letter of Award (LOA) from Food Corporation of India (FCI), allowing concession for a period of 30 years at four locations Bhagalpur (Bihar), Fatehpur (UP), Malda (West Bengal) and near Siddhpur (Gujarat) for development/construction of silos of 50000 metric tonnes capacity at each location on design, build, finance, operate and own (DBFOO) basis for storage of wheat on fixed charge basis.

The scrip opened at Rs 44.6 and has touched a high and low of Rs 49.4 and Rs 44.6 respectively. So far 148487(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 424.2 crore.

The BSE group 'B' stock of face value Rs 1 has touched a 52 week high of Rs 63.7 on 12-Jan-2016 and a 52 week low of Rs 35.7 on 26-Feb-2016. Last one week high and low of the scrip stood at Rs 45.5 and Rs 40.65 respectively. The promoters holding in the company stood at 70.74 % while Institutions and Non-Institutions held 3.94 % and 25.32 % respectively. The stock is currently trading above its 200 DMA.

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