Omaxe Ltd surged to a new 52‑week high of ₹116

Omaxe Ltd surged to a new 52‑week high of ₹116, supported by strong technical indicators and a three‑day winning streak that added over 16% to its value. Despite weak earnings in Q3, the stock outperformed its sector and broader market benchmarks. 📈 Omaxe Ltd – Key News Highlights (28 Aug 2026) Stock Performance 52‑week high: ₹116 (up from a low of ₹62.85) 3‑day rally: +16.03% gain, closing at ₹116 Outperformance: Beat sector by 3.95% and Sensex by 2.45% yesterday Yearly return: +39.45% vs Sensex decline of ‑3.58% Technical Indicators MACD: Firmly bullish on weekly charts, mildly bullish monthly RSI: Neutral, not overbought → room for further upside Bollinger Bands & KST oscillator: Both bullish, supporting momentum Moving averages: Trading above 5‑day, 20‑day, 50‑day, 100‑day, and 200‑day → strong uptrend confirmation Financial Results (Q3 FY2026) Total income: ₹301.82 crore (‑5.92% QoQ) Operating profit: ‑₹164.19 crore (‑7.40% QoQ) Net loss: ‑₹153.20 crore (‑8.05% QoQ) Operating margin: ‑54.40% EPS: ‑8.38 (improved from ‑13.10 QoQ) Despite losses, results show narrowing deficits compared to previous quarters