Gujarat Hotels Ltd

Gujarat Hotels Ltd (507960)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-2.42 %
3 Month Return14.86 %
1 Year Return-14.56 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 463
Rank 467
Rank 542
Dividend Yield
Rank 185
Rank 347
Price To Book Ratio
Rank 365
Debt To Asset
Rank 529

Company Information

Promoted by Gujarat Industrial Investment Corporation and ITC and incorporated as Gujarat Hotels Baroda in Aug.82 Gujarat Hotels acquired its present name in 1985.The company set up the first and only five star hotel Welcomgroup Vadodara in 1986 with a capacity of 144 rooms. In 1992 the company jointly formulated a rehabilitation package alongwith the Government of Gujarat and the financial institutions since the company was incurring losses. In accordance to the rehablilitation package the hotel was given on an Operating License to ITC from Oct.92. After the fullimplementation of the rehabilitation package the company in 199394 made a net profit for the first time.As a part of its restructuring exercise ITC assigned the Operating License agreement with the company to ITC Hotels with effect from Oct.94.
OrganisationGujarat Hotels Ltd
IndustryHotels & Restaurants