Latest news with #KamatHotels
Mint
7 days ago
- Business
- Mint
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 6 August 2025
Breakout stocks buy or sell: Indian stock market benchmarks — the Sensex and Nifty — resumed their downward trajectory on Tuesday, August 5, following a brief pause in the previous session. This marks the third decline in the last four trading days for both indices. The BSE Sensex ended the day 308 points lower, slipping 0.38 per cent to close at 80,710. On the other hand, the NSE Nifty 50 dropped 73 points, or 0.30 per cent, to finish at 24,649. While broader markets also witnessed a decline, they fared better than the benchmark indices. The BSE Midcap index edged down by 0.14 per cent, and the BSE Smallcap index dipped 0.27 per cent. Sumeet Bagadia, Executive Director at Choice Broking, believes that despite sell-off on the previous session, the Indian stock market sentiment continues to remain cautious to positive as the Nifty 50 index is sustaining above 24,500 support. Speaking on the outlook of Indian stock market, Bagadia said, ' On the upper side, the 50-stock index is facing hurdle at 50- DEMA levels, which is placed around 24,900. So, in short, the key benchmark index is in a tight 24,500 to 24,950 range. One should maintain stock-specific approach and look at those stocks that are looking strong on the technical chart. Looking at breakout stocks can be a good option." Sumeet Bagadia recommends five breakout stocks to buy today: Kamat Hotels (India), Igarashi Motors India, Sterlite Technologies, Yatharth Hospital & Trauma Cre Srvcs, and UNO Minda. 1] Kamat Hotels (India): Buy at ₹ 261.85, target ₹ 280, stop loss ₹ 252; 2] Igarashi Motors India: Buy at ₹ 635, target ₹ 680, stop loss ₹ 612; 3] Sterlite Technologies: Buy at ₹ 126.21, target ₹ 135, stop loss ₹ 121; 4] Yatharth Hospital & Trauma Cre Srvcs: Buy at ₹ 684.9, target ₹ 731, stop loss ₹ 660; 5] UNO Minda: Buy at ₹ 1103.1, target ₹ 1185, stop loss ₹ 1065. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Business Standard
31-07-2025
- Business
- Business Standard
Kamat Hotels (India) consolidated net profit rises 240.19% in the June 2025 quarter
Sales rise 12.05% to Rs 82.65 croreNet profit of Kamat Hotels (India) rose 240.19% to Rs 3.64 crore in the quarter ended June 2025 as against Rs 1.07 crore during the previous quarter ended June 2024. Sales rose 12.05% to Rs 82.65 crore in the quarter ended June 2025 as against Rs 73.76 crore during the previous quarter ended June EndedJun. 2025Jun. 2024% 12 OPM %21.8917.91 -PBDT13.883.99 248 PBT7.45-0.77 LP NP3.641.07 240 Powered by Capital Market - Live News
Business Standard
11-07-2025
- Business
- Business Standard
Kamat Hotels gains after signing property in Rishikesh, Uttarakhand
Kamat Hotels (India) advanced 1.18% to Rs 239.45 after the company has signed an agreement for the management of a second Luxury hotel in Rishikesh, Uttarakhand under the brand The Orchid (Hotel). The hotel will feature 44 elegantly designed luxurious rooms of different categories, surrounded by dense forest, a swimming pool, banquet hall and additionally, the property will include a fully equipped conference room, making it an ideal venue for corporate retreats as well as weddings celebrations and an exquisite dining experience at the 24 hours all day dining restaurant. Vishal Kamat, executive director, said the hotel is expected to be fully operational by December 2026. Dr. Vithal Kamat, executive chairman & managing director, said this would enhance its presence in the hospitality of Uttarakhand State with the Third Orchid brand Hotel opening here. Kamat Hotels (India) operates a diverse portfolio of luxury and mid-premium hotels across India. Their brands include the "Orchid" chain, along with Fort JadhavGadh, Mahodadhi Palace, Lotus Resorts, and IRA by Orchid. The company focuses on continuous property improvement and expansion, primarily utilizing lease agreements, revenue sharing, and management contracts for growth. Kamat Hotels (India) reported a 415.96% surge in consolidated net profit to Rs 10.99 crore on a 9.41% rise in revenue from operations to Rs 92.46 crore in Q4 FY25 over Q4 FY24.
Business Standard
28-04-2025
- Business
- Business Standard
Kamat Hotels Q4 PAT surges 416% YoY to Rs 11 cr
Kamat Hotels (India) reported a 415.96% surge in consolidated net profit to Rs 10.99 crore on a 9.41% rise in revenue from operations to Rs 92.46 crore in Q4 FY25 over Q4 FY24. Profit before tax stood at Rs 16.19 crore in Q4 FY25, registering a growth of 96.96% from Rs 8.22 crore recorded in Q4 FY24. Total expenses declined 3.56% year on year to Rs 78.25 crore in Q4 FY25. Employee benefit expense stood at Rs 18.71 crore (up 8.21% YoY), while finance costs were at Rs 5.26 crore (down 64.72% YoY) during the period under review. On a full-year basis, the company's net profit jumped 3.32% to Rs 46.63 crore on a 19.1% rise in revenue to Rs 362.49 crore in FY24 over FY23. Kamat Hotels (India) operates a diverse portfolio of luxury and mid-premium hotels across India. Their brands include the "Orchid" chain, along with Fort JadhavGadh, Mahodadhi Palace, Lotus Resorts, and IRA by Orchid. The company focuses on continuous property improvement and expansion, primarily utilizing lease agreements, revenue sharing, and management contracts for growth. The scrip declined 2.72% to close at Rs 268.25 on Friday, 25 April 2025.
Business Standard
26-04-2025
- Business
- Business Standard
Kamat Hotels (India) consolidated net profit rises 415.96% in the March 2025 quarter
Sales rise 9.41% to Rs 92.46 croreNet profit of Kamat Hotels (India) rose 415.96% to Rs 10.99 crore in the quarter ended March 2025 as against Rs 2.13 crore during the previous quarter ended March 2024. Sales rose 9.41% to Rs 92.46 crore in the quarter ended March 2025 as against Rs 84.51 crore during the previous quarter ended March the full year,net profit rose 3.86% to Rs 46.58 crore in the year ended March 2025 as against Rs 44.85 crore during the previous year ended March 2024. Sales rose 19.10% to Rs 362.49 crore in the year ended March 2025 as against Rs 304.35 crore during the previous year ended March EndedYear EndedMar. 2025Mar. 2024% 2025Mar. 2024% 9 362.49304.35 19 OPM %26.8527.29 -28.8829.83 - PBDT21.8913.00 68 82.8242.08 97 PBT16.548.22 101 63.0224.41 158 NP10.992.13 416 46.5844.85 4 Powered by Capital Market - Live News
