India's Omax Autos up after reporting narrower Q3 loss
31/01/2024 05:18
** Shares of Omax Autos OMXA.NS up 5% to 92.75 rupees
** The sheet metal component manufacturer reported a
narrowed loss of 2.7 million rupees (around $32,500) from 25.7
million rupees the previous year; rev from ops rose by 35.1%
** Stock touches highest level since March 9, 2019; on track
for a second consecutive week of gains, if trends hold
** More than 401,000 shares change hands as of 10:41 a.m.
IST, 2.4x the 30-day avg
($1 = 83.1100 Indian rupees)
(Reporting by Navamya Ganesh Acharya in Bengaluru)
((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))
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