Buy Samhi Hotels, target price Rs 190: JM Financial

Samhi Hotels Ltd. key Products/Revenue Segments include Income (Room Rent), Service (Hotel) and Beverages & Food for the year ending 31-Mar-2023.

By ETMarkets.com | Nov 17, 2023, 10.30 AM IST

Promoters held 0 per cent stake in the company as of 30-Sep-2023, while FIIs owned 64.64 per cent, DIIs 22.44 per cent.

JM Financial has buy call on Samhi Hotels with a target price of Rs 190. The current market price of Samhi Hotels Ltd. is Rs 164.35.

Samhi Hotels Ltd., incorporated in the year 2010, is a Small Cap company (having a market cap of Rs 3571.42 Crore) operating in General sector.

Samhi Hotels Ltd. key Products/Revenue Segments include Income (Room Rent), Service (Hotel) and Beverages & Food for the year ending 31-Mar-2023.

Financials
For the quarter ended 30-09-2023, the company reported a Consolidated Total Income of Rs 223.23 Crore, up 16.05 % from last quarter Total Income of Rs 192.36 Crore and unchanged .00 % from last year same quarter Total Income of Rs Crore. Company reported net profit after tax of Rs -88.00 Crore in latest quarter.

Promoter/FII Holdings
Promoters held 0 per cent stake in the company as of 30-Sep-2023, while FIIs owned 64.64 per cent, DIIs 22.44 per cent.

Not making enough money in stocks? Click here for real-life stories of successful investors.

Too busy to trade in stocks? Invest in Mutual Funds with ET Money!