Robust Hotels Ltd
Robust Hotels | 543901
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About Company
- Robust Hotels Limited, formerly known as Robust Hotels Private Limited was incorporated in 2007 as a Private Company
- The Company is primarily engaged in Hotel business and operating 'Hyatt Regency Chennai' a five-star deluxe premium hotel situated in Chennai
- In 2022-23, the Scheme of Arrangement, Demerger and Reduction of Capital between Asian Hotels (East) Limited (AHEL), and Robust Hotels Private Limited was made effective on 21st September,2022
- Upon the effectiveness of the Scheme, the Securities Trading Unit assets and liabilities of AHEL was transferred to the Company
- Thereafter, the Company became a Public Limited Company effective from 11th October, 2022 and also ceased to be the subsidiary of AHEL effective 21 September, 2022
- 1,72,91,696 equity shares of Face Value of Rs 10/- each were listed effective from 25th April, 2023
- The Company has further renovated another three more guest floors during Financial year 2023-24 and thereby the Hotel now being operated with two third of renovated rooms
- Renovations undertaken is supporting the Hotel and improving the Average Room Rentals with better guest experience
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All figures in ₹ Crores
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Frequently Asked Questions
What is Share Price of Robust Hotels Ltd?
The current share price of Robust Hotels Ltd (Robust Hotels) is ₹218.49. 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 Robust Hotels Ltd?
Robust Hotels Ltd has a 52-week high of ₹314.00 and a 52-week low of ₹171.50. This range shows the stock's price volatility over the past year.
What is the ROE of Robust Hotels Ltd?
Robust Hotels Ltd has a Return on Equity (ROE) of 3.15%. 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.
