Asian Hotels (North) Ltd

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ASIANHOTNR •
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Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
25.16% Fall from 52W High
23.6
TTM PE Ratio
Negative PE TTM
-4
Price to Book Ratio
Above industry Median
4.6
Dividend yield 1yr %
0
TTM PEG Ratio
PEG TTM is much higher than 1
1.3
RSI
RSI Overbought
72.5
MFI
MFI strongly Overbought
89.6

Asian Hotels (North) Ltd Key Financials

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*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

Asian Hotels (North) Ltd shareholding Pattern

Promoter
3.2%
Foreign Institutions
5.3%
Domestic Institutions
3.7%
Public
87.8%
Promoter
0.2%
Foreign Institutions
5.3%
Domestic Institutions
3.7%
Public
90.8%
Promoter
50.7%
Domestic Institutions
3.7%
Public
45.6%
Promoter
50.7%
Domestic Institutions
3.7%
Public
45.6%
Promoter
50.7%
Domestic Institutions
3.7%
Public
45.6%
Promoter
50.7%
Domestic Institutions
3.7%
Public
45.6%

Asian Hotels (North) Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
16
Bearish Moving Averages
0
5Day EMA
161.80
10Day EMA
157.60
12Day EMA
156.30
20Day EMA
152.40
26Day EMA
150.40
50Day EMA
146.80
100Day EMA
148.40
200Day EMA
151.60
5Day SMA
160.10
10Day SMA
158.50
20Day SMA
149.40
30Day SMA
145.90
50Day SMA
143.60
100Day SMA
138.80
150Day SMA
158.40
200Day SMA
163.80
Delivery & Volume
Resistance & Support
170.33
Pivot
Resistance
First Resistance
170.33
Second Resistance
170.33
Third Resistance
170.33
Support
First Support
170.33
Second support
170.33
Third Support
170.33
Relative Strength Index
72.49
Money Flow Index
89.63
MACD
5.93
MACD Signal
4.24
Average True Range
6.90
Average Directional Index
22.86
Rate of Change (21)
20.49
Rate of Change (125)
-12.04
Peer comparison
Compare
Company
Market Price
Market Cap
52W Low
52W High
The Byke Hospitality Ltd.
370.31
34.9
90.5
Apollo Sindoori Hotels Ltd.
379.16
1295
2652
Country Club Hospitality & Holidays Ltd.
402.12
6.35
30.65
Graviss Hospitality Ltd.
-
-
-
Robust Hotels Ltd.
285.59
94.5
229
Sayaji Hotels (Pune) Ltd.
-
-
-

Asian Hotels (North) Ltd Company background

Founded in: 1980
Managing director: Amritesh Jatia
Asian Hotels (North) Ltd is one of the leading player in the Indian hospitality industry operating a chain of deluxe category hotels under the brand Hyatt Regency Hotels. The company presently operates one fivestar deluxe hotel in Delhi with the name Hyatt Regency Delhi. Hyatt Regency New Delhi is located at Bhikaji Cama Place and is a 5Star Deluxe Hotel, which has been operating since 1982. The hotel has 508 rooms and suites and is well equipped with High Speed Internet, Swimming Pool, Fitness Centre, Business Centre, Boutiques, Salon and Restaurants offering a wide variety of dining options.Asian Hotels (North) Ltd was incorporated in the year 1980 as Asian Hotels Ltd and was promoted by R S Saraf, R K Jatia, Chaman Lal Gupta, 3 Nonresident Indians together with Sushil Gupta and Shiv Jatia, their Indian Associates. The company set up their firstgrade room facilities for guests during the Asian Games in the year 1982. The hotel started fullfledged commercial operation in the year 1983.In December 9, 2002, the company incorporated a subsidiary company, namely GJS Hotels Ltd. In order to have their presence in other geographical location, they commissioned two new five star deluxe hotel category in the name Hyatt Regency Kolkata and Hyatt Regency Mumbai. The former commenced full fledged operations in January 1, 2003 and the later in April 1, 2003.During the financial year 200708, the company acquired three wholly owned subsidiaries, namely Chillwinds Hotels Ltd, Vardhman Hotels Ltd and Aria Hotels and Consultancy Services Pvt Ltd. The company also entered into other business segment namely power generation and installed two Wind Turbine Generators on March 27, 2008 and March 31, 2008 respectively. During the year 200809, the company acquired additional interest in Regency Convention Centre and Hotels Ltd, an erstwhile associate company, thus making the said company as a subsidiary company. The promoters of the company are constituted in three major groups since the inception of the company. They are the Jatia Group, the Gupta Group and the Saraf Group. In due course of time, each of the three groups has acquired independent interests in the hospitality industry. To avoid any potential conflict of interest amongst the three groups interse and the other shareholders of the company, the promoters agreed on restructuring of the company by way of scheme of arrangement.The company entered into a scheme of arrangement and demerger with Vardhman Hotels Ltd (now known as Asian Hotels (East) Ltd) and Chillwinds Hotels Ltd (now known as Asian Hotels (West) Ltd) which became effective on February 11, 2010. Pursuant to the scheme of arrangement and demerger, the assets and liabilities of Mumbai Undertaking and Kolkata Undertaking respectively were demerged, transferred and vested with Chillwinds Hotels Ltd and Vardhman Hotels Ltd and the company retained the residual assets which mainly consisted of Hyatt Regency Delhi Hotel. Also, the company changed their name from Asian Hotels Ltd to Asian Hotels (North) Ltd with effect from February 16, 2010. Pursuant to the scheme of arrangement and demerger, each of the promoter groups, namely the Jatia Group, the Gupta Group and the Saraf Group respectively acquired independent control of Asian Hotels (North) Ltd, Asian Hotels (West) Ltd and Asian Hotels (East) Ltd. Consequently, the Jatia Group controls over 59% shares in the company.The company plans of making a foray into Serviced Apartments and has commenced construction of a new building/ complex, which is expected to be completed during the financial year 201112, with a builtup area of approximately 14000 sq mtrs, housed in a separate standalone tower.The company also plans to renew and expand their existing facilities at Hyatt Regency Delhi. Such renovation and expansion shall be carried in two phases spanning over the years 2010 to 2013, for operational expediency and to avoid inconvenience to the guests during peak season. The first phase includes expansion of existing facilities by adding 24 bays and a multicuisine restaurant, and upgradation of fitness center and renovation of existing suites, which is expected to be over by March 31, 2012. The second phase comprising construction of new ballroom, prefunction area, additional meeting rooms and additional 24 bays, is expected to be carried out between April 2012 and August 2013.In addition, the company is also exploring substantial acquisitions in companies having operational undertakings in hospitality sector.The Scheme of Arrangement and Demerger between Asian Hotels Limited (as Transferor Company) and its shareholders and creditors Chillwinds Hotels Limited (as Transferee CompanyI) and its shareholders and Vardhman Hotels Limited (as Transferee CompanyII) and its shareholders, was approved by the Honble High Court of Delhi vide Order dated 13th January, 2010, and made effective on 11th February, 2010. Consequently, the Mumbai Undertaking and Kolkata Undertakings of the Company were transferred to and vested in the Transferee CompanyI and Transferee CompanyII respectively. Since such transfer took effect retrospectively from the Appointed Date, i.e. 31st October, 2009. Post demerger, the Companys name was changed to Asian Hotels (North) Limited (AHNL). Equity Shares of Transferee CompanyI and Transferee CompanyII, which companies were renamed as Asian Hotels (West) Limited (AHWL) and Asian Hotels (East) Limited (AHEL), were listed on BSE and NSE and trading in their equity shares commenced on 5th August, 2010, and 11th August, 2010, respectively.The Company during FY 201011 made an investment of Rs. 391 crores in an overseas company, namely Fineline Hospitality and Consultancy Pte. Ltd., Mauritius (Fineline Hospitality), a company in the hospitality sector, acquiring 53% of its equity capital and optionally convertible preference capital. Resultantly, the Company acquired indirect control of the subsidiaries of Fineline Hospitality, namely Most Prof Hospitality and Consultancy Pte. Ltd., Mauritius (Most Prof), Lexon Ventures Pte. Ltd., BVI (Lexon) and Magus Estates Hotels Limited, India (Magus). To maintain a lean structure two of the step down subsidiaries, namely Most Prof and Lexon were amalgamated with Fineline Hospitality w.e.f. 23rd August, 2011, and 14th September, 2011, respectively. In October 2011, Company made additional investment in Fineline Hospitality by subscribing to redeemable cumulative preference shares aggregating to Rs. 50 crores. The Hotel Suites (Serviced Apartments) Project was completed in 201213. The Company operated an integrated hotel business at only one location i.e. New Delhi in 201213. Accordingly, the new Ball Room The Mansion got completed and was operational from August 2014. A whole new concept of live kitchen stations was introduced during year 2014. It acquired a wholly owned subsidiary namely New Town Hospitality Private Limited. The land acquired by the Company for constructing a hotel with commercial space in New Town, Kolkata was sold in July 2015 and subsequent to the sale of Kolkata land in July 2015, the Companys entire shareholding in Newtown Hospitality Private Limited divested, and accordingly, it ceased to be a subsidiary with effect from 27th July, 2015. In 201718, the Company launched The Council, an exclusive membersonly club for the captains of the industry to conduct their business productively.
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Asian Hotels (North) Ltd FAQs

Asian Hotels (North) Ltd shares are currently priced at 178.84 on NSE and 177.55 on BSE as of 7/16/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Asian Hotels (North) Ltd [ASIANHOTNR] share was 15.26. The Asian Hotels (North) Ltd [ASIANHOTNR] share hit a 1-year low of Rs. 108.85 and a 1-year high of Rs. 238.95.

The market cap of Asian Hotels (North) Ltd is Rs. 331.29 Cr. as of 7/16/2024 12:00:00 AM.

The PE ratios of Asian Hotels (North) Ltd is 0 as of 7/16/2024 12:00:00 AM.

The PB ratios of Asian Hotels (North) Ltd is -0.99 as of 7/16/2024 12:00:00 AM

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