India's Omax Autos rises after tax penalty dropped
** Shares of sheet metal parts maker Omax Autos OMXA.NS rise as much as 5% to 96 rupees, snapping five-day losing streak ** Tax authority drops penalty demand of 1.26 billion rupee ($14.21 million) ** YTD, OMXA down 18% ($1 = 88.6700 Indian rupees) (Reporting by Komal Salecha) ((Komal@thomsonreuters.com;))
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India's Omax Autos rises after tax penalty dropped