Sri Havisha Hospitality & Infrastructure Ltd
Sri Havisha | 531322
Share Price Chart - Sri Havisha Hospitality & Infrastructure Ltd
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About Company
- Promoted by D V Manohar, D V Satyakumar and their associates, Sri Havisha Hospitality & Infrastructure Limited (SHHIL) [Formerly known as Shri Shakti LPG Limited (SSLPG) and Shri Matre Power &Infrastructure Limited (SMPIL)] was originally engaged in business of LPG marketing
- since its incorporation in July, 1993
- In view of the proposed expansion and diversification into the hospitality business, the name of the Company was changed to Sri Havisha Hospitality and Infrastructure Ltd (SHHIL) during the period 2016-17
- SHHIL were the pioneer in the field of LPG marketing and established large integrated infrastructure to carry LPG from dock (Port) to the door of customers, which consisted of dedicated port facilities, large storage terminals, network of bottling plants and distribution and marketing networks
- The Company was able to do well from the commencement of commercial operations in 1995 till 1999 and became profitable
- Infact, it emerged as the country's largest private sector LPG company
- However, due to abnormal rise in crude oil prices during 1999 to 2000, the international LPG prices also shot up
- Despite the big spurt in sourcing cost, it was not possible to proportionately increase the prices due to competition with the Government Subsidized gas by virtue of which the Company incurred losses
- This was aggravated in subsequent years due to the growing disparity in prices between the private LPG operators and the PSU Oil Undertakings, on account of non-removal of subsidy as promised by the Government of India (GOI)
- The GOI did not honor its commitments to withdraw subsidy in a phased manner which led to the crisis in Private Sector LPG Industry
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All figures in ₹ Crores
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Frequently Asked Questions
What is Share Price of Sri Havisha Hospitality & Infrastructure Ltd?
The current share price of Sri Havisha Hospitality & Infrastructure Ltd (Sri Havisha) is ₹1.11. 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 Sri Havisha Hospitality & Infrastructure Ltd?
Sri Havisha Hospitality & Infrastructure Ltd has a 52-week high of ₹2.42 and a 52-week low of ₹1.03. This range shows the stock's price volatility over the past year.
What is the ROE of Sri Havisha Hospitality & Infrastructure Ltd?
Sri Havisha Hospitality & Infrastructure Ltd has a Return on Equity (ROE) of 0.00%. 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.
