Breaking News

You are here » Indian-Commodity  :  Equity & Shares  :  The Indian Hotels Company shines on reporting 50% rise in Q3 consolidated net profit

13-Feb2019

The Indian Hotels Company shines on reporting 50% rise in Q3 consolidated net profit

The Indian Hotels Company is currently trading at Rs. 140.30, up by 4.55 points or 3.35% from its previous closing of Rs. 135.75 on the BSE.

The scrip opened at Rs. 142.75 and has touched a high and low of Rs. 142.75 and Rs. 138.65 respectively. So far 50503 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 155.90 on 24-Apr-2018 and a 52 week low of Rs. 110.00 on 09-Oct-2018.

Last one week high and low of the scrip stood at Rs. 143.55 and Rs. 133.00 respectively. The current market cap of the company is Rs. 16489.07 crore.

The promoters holding in the company stood at 39.09%, while Institutions and Non-Institutions held 42.24% and 18.67% respectively.

The Indian Hotels Company has reported a rise of 47.69% in its net profit at Rs 137.69 crore for the quarter ended December 31, 2018 under review as compared to Rs 93.23 crore for the same quarter in the previous year. Total income of the company increased by 5.12% at Rs 816.12 crore for Q3FY19 as compared Rs 776.34 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 49.98% in its net profit at Rs 161.78 crore for the quarter under review as compared to Rs 107.87 crore for the same quarter in the previous year. Total income of the company increased by 9.93% at Rs 1337.97 crore for Q3FY19 as compared Rs 1217.12 crore for the corresponding quarter previous year.


Related News

View all news

Birla Precision Technologies receives approval to issue of 6,07,005 Equity Shares

Birla Precision Technologies has received approval to issue of 6,07,005 Equity Shares at Rs 16.24 each on preferential basis to Zenith Dye intermediates. The Board of Directors has at its meeting held ......

Bajaj Finance strengthens on the bourses

Bajaj Finance is currently trading at Rs. 2656.30, up by 3.25 points or 0.12% from its previous closing of Rs. 2653.05 on the BSE.The scrip opened at Rs. 2659.95 and has touched a high and low of Rs. 2674.40......

Elgi Equipments surges on launching direct drive reciprocating air compressor

Elgi Equipments is currently trading at Rs. 252.00, up by 4.90 points or 1.98% from its previous closing of Rs. 247.10 on the BSE.The scrip opened at Rs. 251.75 and has touched a high and low of Rs. 252.00......

Top News

View all news

City Union Bank opens four new branches in Tamil Nadu

City Union Bank has opened four new branches in the state of Tamil Nadu on February 22, 2019. The bank has inaugurated 621th and 622nd branch at Nambiyur and Moolapalayam, respectively. The bank has also......

Syndicate Bank enters into partnership with Srei Equipment Finance

Syndicate Bank has entered into partnership with Srei Equipment Finance to jointly provide financing for construction and farm equipment. Under the arrangement, Syndicate Bank would leverage on its low-cost......

Tata Motors to supply 80 Electric buses to West Bengal Transport Corporation

Tata Motors will supply 80 Electric buses to the West Bengal Transport Corporation (WBTC). The company has already supplied 20 Ultra Electric 9/9m AC E-buses, with remaining 20 9/9m AC E-buses scheduled......