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Omaxe soars 20% on launch of dedicated hospitality arm, to invest ₹6200-cr
Omaxe Ltd has announced that the dedicated hospitality business vertical will develop 19 hotels spread over nearly 5 million sq. ft. across five states in the next 4-5 years.
Omaxe Ltd leads gainers in 'B' group
Bajaj Healthcare Ltd, Prakash Pipes Ltd, Gujarat Natural Resources Ltd and Krishival Foods Ltd Partly Paidup are among the other gainers in the BSE's 'B' group today, 29 June 2026.
Omaxe shares jump 16% after announcing an investment 4x its market cap for new vertical
Of the 19 planned hotels, 12 will be located in Uttar Pradesh, including two each in Ayodhya, Kaushambi and Vrindavan, three in Lucknow, and one each in Prayagraj, Ghaziabad and Gorakhpur.
WSB Partners invests Rs 75 crore with Omaxe Group for residential plotted projects in Ujjain, Indore
WSB Partners has invested Rs 75 crore in Omaxe Group. This funding supports residential plotted projects in Ujjain and Indore. Tier II and III cities are attracting significant capital. Rising incomes and infrastructure development are key drivers. Omaxe Group will use the capital for growth and working capital. This investment highlights confidence in these growing markets.