Buy Samhi Hotels, target price Rs 295: 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 | Updated: May 31, 2024, 09.13 AM IST

Promoters held 0 per cent stake in the company as of 31-Mar-2024, while FIIs owned 69.48 per cent, DIIs 16.6 per cent.

JM Financial has buy call on Samhi Hotels with a target price of Rs 295. The current market price of Samhi Hotels Ltd. is Rs 187.

Samhi Hotels Ltd., incorporated in the year 2010, is a Small Cap company (having a market cap of Rs 3979.14 Crore) operating in Tourism & Hospitality 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 31-03-2024, the company reported a Consolidated Total Income of Rs 289.88 Crore, up 6.08 % from last quarter Total Income of Rs 273.25 Crore and up 37.02 % from last year same quarter Total Income of Rs 211.56 Crore. Company reported net profit after tax of Rs 11.29 Crore in latest quarter.

Promoter/FII Holdings
Promoters held 0 per cent stake in the company as of 31-Mar-2024, while FIIs owned 69.48 per cent, DIIs 16.6 per cent.

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