EIH is currently trading at Rs. 58.45, up by 0.40 points or 0.69% from its previous closing of Rs. 58.05 on the BSE.
The scrip opened at Rs. 57.80 and has touched a high and low of Rs. 58.60 and Rs. 57.80 respectively. So far 4066 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 94.15 on 13-Jul-2012 and a 52 week low of Rs. 54.55 on 12-Apr-2013.
Last one week high and low of the scrip stood at Rs. 59.20 and Rs. 58.00 respectively. The current market cap of the company is Rs. 3315.10 crore.
The promoters holding in the company stood at 35.23% while Institutions and Non-Institutions held 13.58% and 51.13% respectively.
EIH, which runs the Oberoi and Trident hotel chains, will reportedly be opening two hotels - Trident Hyderabad and the Oberoi Dubai in the month of June. The hospitality industry, which is directly connected with global and domestic economic growth, off lately has also been under pressure because of increasing input costs and other expenses.
Nevertheless, the company, which reported 61.1% drop in consolidated net profit for the financial year ended March at Rs.46.93 crore from Rs 120.78 crore in the previous year, is not expecting any significant change in hospitality industry’s performance, which is likely to remain subdued for some more time.
EIH’s net profit fell 40% to Rs 27.04 crore in the Q4FY13, including one-time losses amid economic gloom as against Rs 45.13 crore in the similar quarter of the previous year. Company’s total income rose by 6.43% at Rs 352.62 crore as against Rs 331.31 crore in the similar quarter of the previous year.
Company Name | CMP |
---|---|
Indian Hotel | 558.25 |
EIH | 437.05 |
Mahindra Holi.&Resor | 402.80 |
Chalet Hotels | 784.95 |
Lemon Tree Hotels | 136.20 |
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