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EIH gains after reporting healthy Q1 results

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Capital Market
Last Updated : Aug 06 2015 | 12:01 AM IST

EIH rose 4.17% to Rs 117.50 at 10:30 IST on BSE after net profit rose 209.82% to Rs 19.86 crore on 6.44% growth in net total income from operations to Rs 302.42 crore in Q1 June 2015 over Q1 June 2014.

The result was announced after market hours yesterday, 4 August 2015.

Meanwhile, the S&P BSE Sensex was up 224.74 points or 0.81% at 28,298.53.

On BSE, so far 13,822 shares were traded in the counter as against average daily volume of 18,779 shares in the past one quarter.

The stock hit a high of Rs 117.50 and a low of Rs 113.60 so far during the day. The stock had hit a 52-week high of Rs 130.80 on 3 December 2014. The stock had hit a 52-week low of Rs 89.80 on 19 August 2014.

The stock had outperformed the market over the past one month till 4 August 2015, rising 10.7% compared with Sensex's 0.07% decline. The scrip had also outperformed the market in past one quarter, gaining 3.53% as against Sensex's 2.11% gain.

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The mid-cap company has equity capital of Rs 114.31 crore. Face value per share is Rs 2.

EIH, under the aegis of The Oberoi Group, operates hotels and cruisers in five countries under the luxury 'Oberoi' and five-star 'Trident' brands. The Group is also engaged in flight catering, airport restaurants, travel and tour services, car rentals, project management and corporate air charters.

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First Published: Aug 05 2015 | 10:12 AM IST

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