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TajGVK, Chalet: How to trade hotel stocks ahead of Leela Hotels listing?
TajGVK, Chalet: How to trade hotel stocks ahead of Leela Hotels listing?

Business Standard

time6 days ago

  • Business
  • Business Standard

TajGVK, Chalet: How to trade hotel stocks ahead of Leela Hotels listing?

Technical outlook on hotel stocks: Taj GVK, Juniper Hotels look good on charts, while EIH could face some downward pressure. Rex Cano Mumbai Listen to This Article Leela Hotels IPO which closed for subscription yesterday May 28, with up to 4.5 times demand compared to the issue size, and is slated to debut on the BSE and the NSE on Monday, June 2, 2025. Leela Hotels' ₹3,500 crore IPO, in the price band ₹413 – ₹434; garnered bids for around 21 lakh equity shares as against 4.66 lakh shares for sale. Data from NSE shows that retail investors quota was not fully subscribed. Today, shares of Leela Hotel are expected to be allotted to successful bidders. How to check allotment status Meanwhile, here's

Juniper Hotels consolidated net profit rises 17.54% in the March 2025 quarter
Juniper Hotels consolidated net profit rises 17.54% in the March 2025 quarter

Business Standard

time6 days ago

  • Business
  • Business Standard

Juniper Hotels consolidated net profit rises 17.54% in the March 2025 quarter

Sales rise 13.16% to Rs 277.56 crore Net profit of Juniper Hotels rose 17.54% to Rs 54.95 crore in the quarter ended March 2025 as against Rs 46.75 crore during the previous quarter ended March 2024. Sales rose 13.16% to Rs 277.56 crore in the quarter ended March 2025 as against Rs 245.28 crore during the previous quarter ended March 2024. For the full year,net profit rose 199.54% to Rs 71.29 crore in the year ended March 2025 as against Rs 23.80 crore during the previous year ended March 2024. Sales rose 15.48% to Rs 944.27 crore in the year ended March 2025 as against Rs 817.66 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 277.56245.28 13 944.27817.66 15 OPM % 42.0537.14 - 35.6638.04 - PBDT 101.7832.91 209 259.4854.42 377 PBT 73.456.87 969 149.99-36.75 LP NP 54.9546.75 18 71.2923.80 200

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