Taj GVK Hotels & Resorts Ltd.

NSE: TAJGVK | BSE: 532390 | ISIN: INE586B01026 | Industry: Hotels
| Mid-range Performer
459.2000 7.55 (1.67%)
NSE Apr 17, 2025 15:31 PM
Volume: 332.4K
 

459.20
1.67%
ICICI Securities Limited
ICICI Securities Ltd | Retail Equity Research TajGVK reported a weak set of Q3FY19 numbers. Revenues stayed below estimates aided by margin contraction. Revenue growth came in at ~4% YoY to | 86.1 crore (below I-direct estimate: | 93.1 crore) On the margins front, EBITDA margins contracted 321 bps to 27.1% YoY (vs. I-direct estimate of 29.9%) led by higher other expenses (up 16.4% YoY) to | 30 crore. EBITDA came in at | 23.3 crore, down ~7% YoY (vs. I-direct estimate of | 27.8 crore)...
Taj GVK Hotels & Resorts Ltd. is trading below its 30 day SMA of 470.6
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