TajGVK Hotels & Resorts Ltd

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TAJGVK •
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Start SIP in TajGVK Hotels & Resorts Ltd
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 %
New 52W High in past week
76.4
TTM PE Ratio
Above industry Median
30.3
Price to Book Ratio
Above industry Median
5.3
Dividend yield 1yr %
Low in industry
0.3
TTM PEG Ratio
PEG TTM is much higher than 1
5.4
RSI
RSI Overbought
70.8
MFI
MFI Overbought
77.2

TajGVK Hotels & Resorts Ltd Key Financials

*All values are in ₹ Cr.

TajGVK Hotels & Resorts Ltd shareholding Pattern

Promoter
75%
Foreign Institutions
0.8%
Mutual Funds
3.3%
Domestic Institutions
3.5%
Public
20.7%

TajGVK Hotels & Resorts Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
16
Bearish Moving Averages
0
5Day EMA
375.20
10Day EMA
356.90
12Day EMA
350.40
20Day EMA
329.30
26Day EMA
317.20
50Day EMA
288.10
100Day EMA
264.50
200Day EMA
245.70
Delivery & Volume
Resistance & Support
387.18
Pivot
Resistance
First Resistance
400.97
Second Resistance
412.78
Third Resistance
426.57
Support
First Support
375.37
Second support
361.58
Third Support
349.77
Relative Strength Index
70.80
Money Flow Index
77.16
MACD
33.22
MACD Signal
27.36
Average True Range
24.34
Average Directional Index
52.63
Rate of Change (21)
60.61
Rate of Change (125)
66.02

TajGVK Hotels & Resorts Ltd Company background

Founded in: 1995
TajGVK Hotels Resorts Ltd is a joint venture company between Indian Hotels Co Ltd, a Tata group company and the Hyderabadbased GVK Group. The company is engaged in the hospitality and tourism industry. The company currently has operations in Hyderabad, Chandigarh and Chennai.TajGVK Hotels Resorts Ltd was incorporated in the year 1995. During the year 19992000, the company made a tieup with a leading Hotels Chain Taj Group of Hotels as a Strategic Investorcumoperating Alliance with a view to enhance the services and improve the overall operations. Also, the Indian Hotels Company Ltd had invested an amount of Rs 40 crores in the company.During the year, the company changed their name from GVK Energy Resources Ltd to GVK Hotels Resorts Ltd as a part of the restructuring programme so as to bring the entire hospitality business of the group under one company. The company made a scheme of arrangement with Novopan Industries Ltd and Scheme of Amalgamation with Hotel Sree Krishna Ltd during the year. Accordingly, the Hotel Division of Novopan Industries Ltd and the entire undertaking of Hotel Sree Krishna Ltd was demerged and merged with GVK Hotels Resorts Ltd with effect from April 1, 1999. Also, the name of the company was changed to TajGVK Hotels Resorts Ltd.During the year 200203, the guestrooms on two floors at Taj Krishna had been completely renovated. Also, the company built The Deccan Hall, a large convention hall to cater the needs of interalia, large conferences, weddings and exhibitions. During this period, the company completed the acquisition of a hotel project at Chandigarh from India Tourism Development Corporation through a process of disinvestment. With the acquisition of 100% equity, Punjab Hotels Ltd, the owning company of Chandigarh hotel project became a wholly owned subsidiary of the company.During the year 200304, the Banquet Hall at Taj Krishna was completely renovated into The Grand Bal Room providing a luxurious and exquisite ambience using the finest Italian marble, intricate inlay and wood work, rich hand woven carpets and ornate chandeliers. Also, they renovated about 100 guestrooms between the three hotels during the year. A new car park facility, to accommodate about 250 cars, was added at Taj Residency. Punjab Hotels Ltd, the owning company Chandigarh Hotel Project was merged with the company with effect from November 1, 2002.In June 20, 2005, the company commissioned the first branded five star hotel in the city of Chandigarh, Taj Chandigarh. The hotel is the first branded five star hotel in the city and has 152 guestrooms, coffee shop, 2 restaurants, bar and banquet halls. During this period, the company acquired Sri Tripurasundari Hotels Ltd, which had a partly built hotel in Chennai. During the year 200607, Sri Tripurasundari Hotels Ltd merged with the company with effect from April 1, 2006. During the year 200708, the company added a new restaurant, restobar and 23 guest rooms in the existing block of Taj Deccan at a cost of Rs 25 crore. Also, they plan to add 180 rooms at the cost of Rs 100 crore. The company is proposing to construct the service apartments (43 nos), 7000 sq ft spa and the additional car parking facility at the existing premises of Taj Krishna, at an estimated cost of Rs 75 crores. They are planning to open a shopping arcade for premium international luxury brands in the hotel.In December 2008, the company launched their new premium Five Star Hotel in the centre of Chennai by the name Taj Mount Road, Chennai. The company is in the process of identifying and acquiring land in Bangalore, Jaipur, Kodaikanal and Amritsar for hotel projects.
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TajGVK Hotels & Resorts Ltd FAQs

TajGVK Hotels & Resorts Ltd shares are currently priced at 389.15 on NSE and 389.2 on BSE as of 2/21/2024 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 TajGVK Hotels & Resorts Ltd [TAJGVK] share was 121.04. The TajGVK Hotels & Resorts Ltd [TAJGVK] share hit a 1-year low of Rs. 173.05 and a 1-year high of Rs. 413.9.

The market cap of TajGVK Hotels & Resorts Ltd is Rs. 2440.03 Cr. as of 2/21/2024 12:00:00 AM.

The PE ratios of TajGVK Hotels & Resorts Ltd is 38.72 as of 2/21/2024 12:00:00 AM.

The PB ratios of TajGVK Hotels & Resorts Ltd is 4.95 as of 2/21/2024 12:00:00 AM

The Mutual Fund Shareholding was 3.34% at the end of 2/21/2024 12:00:00 AM.

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