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Sinclairs Hotels gains on getting nod to buy-back 8.16% equity shares

04 Sep 2013 Evaluate

Sinclairs Hotels is currently trading at Rs 379.00, up by 2.00 points or 0.53% from its previous closing of Rs. 377.00 on the BSE.

The scrip opened at Rs 358.45 and has touched a high and low of Rs 379.00 and Rs. 358.20 respectively. So far 82 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 419.85 on 28-Feb-2013 and a 52 week low of Rs 225.00 on 07-Aug-2013.

Last one week high and low of the scrip stood at Rs 377.00 and Rs 329.00 respectively. The current market cap of the company is Rs 217.26 crore.

The promoters holding in the company stood at 51.84% while Institutions and Non-Institutions held 43.49% and 4.67% respectively.

Sinclairs Hotels has received an approval to buy-back 495,222 equity shares of face value of Rs 10 each representing 8.16% of the total number of equity shares in the paid-up equity share capital of the company at a price of Rs 390 through tender offer route. The Committee of Directors at its meeting held on September 02, 2013 has approved for the same.

The company presently operates in the hospitality sector; it owns and manages chain of hotels in India under the brand Sinclairs.

 

Sinclairs Hotels Share Price

81.54 0.42 (0.52%)
08-May-2026 16:59 View Price Chart
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