Gujarat Hotels Ltd
Gujarat Hotels | 507960
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About Company
- Promoted by Gujarat Industrial Investment Corporation and ITC, Gujarat Hotels Limited was incorporated in August, 1982, which acquired its present name in 1985
- The Company owns the Welcome Hotel Vadodara in Vadodara, operated by ITC Limited under an Operating Licence Agreement
- The company set up the first and only five star hotel Welcomgroup, Vadodara in 1986, with a capacity of 144 rooms
- In 1992, the company jointly formulated a rehabilitation package alongwith the Government of Gujarat, and the financial institutions, since the company was incurring losses
- In accordance to the rehablilitation package, the hotel was given on an Operating License to ITC from Oct
- After the full-implementation of the rehabilitation package, the company, in 1993-94, made a net profit for the first time
- As a part of its restructuring exercise, ITC assigned the Operating License agreement with the company to ITC Hotels with effect from Oct
- During the year 2004-05, resulting upon amalgamation of ITC Hotels Limited with ITC Limited, ITC Limited became the Operating Licencee of Company's hotel viz
- , WelcomHotel Vadodara effective from 23rd March, 2005
- The business showed improvement in the hospitality sector with the arrival of foreign tourist in 2019
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All figures in ₹ Crores
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Frequently Asked Questions
What is Share Price of Gujarat Hotels Ltd?
The current share price of Gujarat Hotels Ltd (Gujarat Hotels) is ₹188.45. This price reflects the latest market valuation and is updated in real-time during trading hours.
What is the 52-week high and low of Gujarat Hotels Ltd?
Gujarat Hotels Ltd has a 52-week high of ₹318.90 and a 52-week low of ₹165.50. This range shows the stock's price volatility over the past year.
What is the ROE of Gujarat Hotels Ltd?
Gujarat Hotels Ltd has a Return on Equity (ROE) of 11.44%. ROE measures how effectively the company uses shareholders' equity to generate profits, with higher values generally indicating better performance.
Disclaimer:
Please note that the above list and information is for research purposes only and are not recommendations. Do your own due diligence or consult an investment advisor before investing. The above data is dynamic in nature and subject to real-time changes and is derived from CMOTS.
