ValuePickr Forum

OM Metal Infraprojects is in Inflection point

Is it any changes in company fundamental?Any plant shut down?
Answer is no ,no
Fundamentally very strong and will be stronger near future

Avoid giving out price levels. It is against the community guidlines. Please remove your reference to the said price.

**Today's conversion with Om Metal  Executive director & president Vikas Kothari regarding CBI raid in Augusta West land scam  through mail:** 

4:41 AM (18 hours ago)

to vk
I am a long term investor of OM METAL INFRA PROJECT. Yesterday stock price drastically fall due to CBI raid, I want to know why CBI raided in OM METAL? It’s some misinformation or by mistakes?
vk@ommetals.com
5:05 AM (18 hours ago)

to me
Dear Sir -

We are no where even closely connected to the Augusta Westland Scam. Everyone will come to know after the investigation is over.

Our statement to bse and nse was to reassure the same. I want you to trust the promoters to do everything that’s in the best interest of shareholder value.

As regards your queries - CBI will take its own time to investigate but we have nothing to fear as we have done nothing. We are co-operating with them to close their enquiry at the earliest. Please let us know what more we can do to communicate the same to all our valued shareholders.

You will definitely hear a lot more positive news in the near future about your company.

Feel free to seek any further information from me personally.

Thanks and regards,
Vikas Kothari

In such high profile cases, CBI can never be wrong. Will they ever concede to you on record that they were a part of the helicopter deal? Such a confession can be considered as an evidence against them.

Difficult to predict,fundamentally company is very strong and bright future prospect and such incident never impact on fundamental and future growth

CBI relief OM METAL infra in an unconnected case:http://www.dnaindia.com/jaipur/report-cbi-relief-for-ashok-gehlot-in-kali-sindh-dam-case-2557625

EQUITY INTELLIGENCE bought OM METAL INFRA PROJECT:http://www.bseindia.com/xml-data/corpfiling/AttachHis/6BE4FBD4_A5BB_4D72_9BED_2569F7161EE0_193231.pdf

OM METAL have received approval for release of amount towards arbitration award amounting to to Rs 7.48 crore: http://www.bseindia.com/xml-data/corpfiling/AttachLive/4efd7606-09f7-4770-9242-d888fbdd2f0d.pdf

OM METAL have received approval for release of amount towards arbitration award amounting to to Rs 44.5 crore:http://www.bseindia.com/xml-data/corpfiling/AttachHis/584225d2-9aad-47bc-8a37-0fac89d1be55.pdf

Om Metals Infraprojects Ltd bags new order from Wapcos Limited for Rs. 38.54 Cr:http://www.bseindia.com/xml-data/corpfiling/AttachLive/b89ce3f4-7188-4fc1-bb84-7c7279f62435.pdf

updates:http://www.bseindia.com/xml-data/corpfiling/AttachLive/e12d613b-7293-4d1b-9c6d-54d5134c74a4.pdf

Order
http://www.bseindia.com/xml-data/corpfiling/AttachHis/83cbff27-c102-4fb7-b17a-c6ea80cc6f56.pdf

Om Metals reach compromise /settlement with Jaipur based realty developer in a
prestigious land of 56000 sqmt in Viswa Karma Industrial Area (VKIA) Jaipur
http://www.bseindia.com/xml-data/corpfiling/AttachLive/5ff45561-6e3c-4afe-9f4a-7a184e387d93.pdf

Porinju Veliyath AIF increased holding in OM Metal Infraproject in December 2017 from 575000 to 590000
https://www.bseindia.com/corporates/shpPublicShareholder.aspx?scripcd=531092&qtrid=96.00&QtrName=December%202017

Promoter bought from open market :https://www.bseindia.com/stock-share-price/stockreach_insidertrade_new.aspx?scripcode=531092&expandable=2

Porinju Veliyath AIF increased holding in OM Metal Infraproject in June 2018 from 649998 to 829998
https://www.bseindia.com/corporates/shpSecurities.aspx?scripcd=531092&qtrid=98.00

not sure how you arrived at this figure. its nowwhere mentioned there. I also checked from their websites SP
http://www.ommetals.com/#/shareholding-patterns

can you clarify… for me it looks merely a rejig ( if you look at Alternative Investment Funds / Any Other shareholding numbers)

One thing from March holding pattern is Reliance MF is completely out.

Edit : I saw july pattern from NSE, it also simply looks like a rejig b/w Alternative Investoment Funds / Any Other
One has gone up by .2% and other has gone down by .4%

Search BSE website ,June 2018 shareholding pattern , already posted the Link

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