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Asian Hotels (East) Ltd

Asian Hotels (East) Ltd (AHLEAST)

₹146.6▲1.64%

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Overview

Fundamentals

Q3 '23 Results

Technicals

News and Events

Asian Hotels (East) Ltd share Performance

₹145.75
₹150.65
₹146.6
0.58%
Low
Day's Volatility:3.34%
High
2.76%
₹114.45
₹182.9
₹146.6
21.93%
Low
52 Weeks Volatility:46.69%
High
24.76%

Returns %
1 Month Return	+ 6.43 %
3 Month Return	-4.18 %
1 Year Return	+ 26.64 %

Market Stats
Previous Close	₹₹149.05
Open	₹₹150.00
Volume	₹16.55K
Upper Circuit	₹-
Lower Circuit	₹-
Market Cap	₹₹257.73Cr

Company Information

Asian Hotels East Ltd is a leading owner and manager of the 5 star luxury Hyatt Regency Kolkata located in India. The hotel has 233 rooms and offers extra services such as laundry, business centres and fitness centres. The company also has two subsidiaries, GJS Hotels Ltd and Regency Convention Centre and Hotels Ltd. The majority of their revenue comes from Kolkata and they focus on the deluxe hotel market.
Originally, the company was a private limited organisation established in January 2007, however in July of 2007 it became a wholly owned subsidiary of Asian Hotels Ltd, and eventually became a public limited company and changed its name to Vardhman Hotels Ltd in July of the same year. Through a scheme of arrangement and demerger, the Kolkata Undertaking of Asian Hotels Ltd was demerged and vested in the company and subsequently the name was changed to Asian Hotels East Ltd and they entered agreements with Hyatt Group in the pursuit of operating Hyatt Regency Kolkata. Their shares were listed on the Bombay Stock Exchange and National Stock Exchange on August 11th 2010.

Share Price: ₹146.60 per share as on 16 May, 2024 04:01 PM
Market Capitalisation: ₹257.73Cr as of today
Revenue: ₹32.18Cr as on December 2023 (Q4 23)
Net Profit: ₹1.75Cr as on December 2023 (Q4 23)
Listing date: 11 Aug, 2010

Organisation	Asian Hotels (East) Ltd
Headquarters	Kolkata
Industry	Hotels & Restaurants
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Key events for Asian Hotels (East) Ltd

Asian Hotels (East) Ltd's Low P/E Ratio Matches Earnings Sentiment - 05 Apr, 2024
Asian Hotels (East) Ltd's P/E ratio of 14.3x is lower than most companies, possibly due to its recent three-year growth being below market forecast. Shareholders are accepting the low P/E as future earnings may not provide any pleasant surprises. If medium-term earnings trends continue, it's unlikely that the share price will rise significantly in the near future.

Fundamentals of Asian Hotels (East) Ltd

Insights on Asian Hotels (East) Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

POSITIVE IMPACT
Price Rise
In the last 7 days, AHLEAST stock has moved up by 5.3%
POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 3 quarters, 22.66 Cr → 32.45 Cr (in ₹), with an average increase of 16.1% per quarter
POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 33.96% to 34.07% in Mar 2024 quarter
NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 65.63% of holdings in Mar 2024 quarter
NO EFFECT
Against Peers
In the last 1 year, EIH Ltd has given 146.7% return, outperforming this stock by 120.0%
NO EFFECT
Against Peers
In the last 3 years, Chalet Hotels Ltd has given 425.0% return, outperforming this stock by 372.2%
NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 7.85 Cr → 1.75 Cr (in ₹), with an average decrease of 77.7% per quarter
NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 0.18% to 0.06% in Mar 2024 quarter