Buy Taj GVK Hotels & Resorts, target price Rs 201: ICICI Direct

ICICI Direct has buy call on Taj GVK Hotels & Resorts with a target price of Rs 201. The current market price of Taj GVK Hotels & Resorts is Rs 192.55. Time period given by analyst is 3 days when Taj GVK Hotels & Resorts Ltd. price can reach defined target.

Taj GVK Hotels & Resorts Ltd., incorporated in the year 1995, is a Small Cap company (having a market cap of Rs 1207.32 Crore) operating in Tourism & Hospitality sector.

Taj GVK Hotels & Resorts Ltd. key Products/Revenue Segments include Income from Rooms, Restaurants & Other Services for the year ending 31-Mar-2022.



Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 86.47 Crore, up 32.58 % from last quarter Total Income of Rs 65.22 Crore and up 246.30 % from last year same quarter Total Income of Rs 24.97 Crore. Company reported net profit after tax of Rs 15.97 Crore in latest quarter.



Promoter/FII Holdings
Promoters held 74.99 per cent stake in the company as of 30-Jun-2022, while FIIs owned 0.37 per cent, DIIs 3.11 per cent.