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Viceroy Hotels shines on reducing debt of IARC through sale of property

09 Oct 2017 Evaluate

Viceroy Hotels is currently trading at Rs. 19.15, up by 1.00 points or 5.51% from its previous closing of Rs. 18.15 on the BSE.

The scrip opened at Rs. 18.15 and has touched a high and low of Rs. 21.20 and Rs. 18.10 respectively. So far 237359 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 28.25 on 17-Oct-2016 and a 52 week low of Rs. 15.55 on 11-Aug-2017.

Last one week high and low of the scrip stood at Rs. 21.20 and Rs. 17.85 respectively. The current market cap of the company is Rs. 82.69 crore.

The promoters holding in the company stood at 24.03%, while Institutions and Non-Institutions held 0.98% and 75.00% respectively.

Viceroy Hotels has reduced the debt of International Asset Reconstruction Company (IARC) through sale of property. IARC has sold the property belonging to Viceroy Hotels, located at 36-199, Himayath Nagar, Hyderabad to an extent of 1400 square yards to Secunderabad Hotels. The disposal of the property has reduced the debt of IARC to the tune of Rs 30.82 crore.

Viceroy Hotels is an India-based company, which operates hotels and convention center. The company operates in the business of hoteliers segment.

Viceroy Hotels Share Price

141.75 -0.05 (-0.04%)
04-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Indian Hotel 643.85
ITC Hotels 162.80
EIH 326.45
Chalet Hotels 754.20
Mahindra Holi.&Resor 242.10
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