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TAJGVK HOTELS
Time to check in? 4 smallcap hotels stocks for taking exposure to booming tourism spendIt might surprise the majority that the first sector to get re-rated post liberalization in 1991 was the “ hotel sector”. The reason, it wa...- ECLGS scheme extended up to March 2023: FM in BudgetThe government launched the Emergency Credit Line Guarantee Scheme (ECGLS) as part of its Rs 20 lakh crore comprehensive package announced ...
- Hard-hit hotel sector eyeing these measures in Budget to recover from Covid blowThe hospitality sector, like the realty sector, has been demanding 'infra' status for a long time. Any such grant would be welcomed
- Budget 2022 Infra Wishlist: Spend more on roads, railways, health; broaden PLI baseICICI Direct, which said that such measures by the government would be a positive for hotels, picked out Lemon Tree Hotels, TajGVK and EIH ...
- ICRA downgrades TAJGVK's credit ratings of long-term loans, short-term credit facilitiesThe revision for rating is on account of expected sharp revenue and margin decline expected for financial year 2020-21 due to steep demand ...
- Dilip Cherian steps down from the board of Taj GVK Hotels & ResortsIn a surprising development, Dilip Cherian, founder of public relation agency Perfect Relations, has stepped down from the board of TajGVK ...
- Sales, revenue will be impacted in Q1, Q2 this fiscal due to COVID-19: TAJGVK Hotels & Resorts"We believe there will be impact in sales volumes, revenue and profitability for Q1 and Q2 as our hotel operations are presently shut and w...
- Share market update: Tourism stocks tumble on travel curbThe NSE Nifty50 index was trading 499.50 points down at 9958.9.
- Hotel stocks rally up to 13% on GST rate cutThere will be no GST on room tariffs of below Rs 1,000 per night.
- GIC begins talks with GVK Power to buy its stake in Indian Hotels joint ventureSingapore fund looks to consolidate position in Indian realty, hospitality space; GVK aims to cut debt.
- Stocks in focus: Fortis Healthcare, Kwality and GE Power among top stocks to watchHere is a list of top stocks that are likely to be in focus in today's trading session.
- GVK may sell stake in Hotel JV to FairfaxFairfax, which recently bought out GVK’s stake in Bangalore airport, has had multiple rounds of talks with the Hyderabad-based infrastructu...
- Lemon Tree Hotels makes decent debut, lists at 10% premium over issue priceThe company opened its first hotel with 49 rooms in May 2004.
- Lemon Tree Hotels IPO subscribed 1.19 timesThe total bids received stood at 15,49,20,060 shares against total issue size of 12,98,35,580.
- Lemon Tree Hotels IPO subscribed 44% on Day 2nvestors bade for 3,87,94,145 shares as against the total issue size of 12,98,35,580.
- Lemon Tree Hotels offer expensive, suitable for high-risk investorsThe company has an inventory of 4,700 rooms, of which 1,500 are on management contract.
- DMart IPO opens, but Jhunjhunwala guru Damani made a killing elsewhereThe stock has skyrocketed 5,625 per cent in last three years and Damani has been holding this stake in the company since the March quarter ...
- Vertex to sell 22% TAJGVK stake to three other promoter entitiesVertex Projects LLP, one of the promoters of TAJGVK Hotels and Resorts, plans to sell 22 per cent stake worth Rs 88 crore in the company to...
- Damani buys TajGVK shares for 7.6 cr from Derive TradingShares of TajGVK were acquired at an average price of Rs 54.6 apiece, valuing the transaction at Rs 7.64 crore.
- TajGVK Hotels & Resorts Q3 net up at 12.91 croreHospitality firm TajGVK Hotels and Resorts today posted a marginal increase in net profit at Rs 12.91 crore for the third quarter ended Dec...
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