EIH Ltd.

NSE: EIHOTEL | BSE: 500840 | ISIN: INE230A01023 | Industry: Hotels
| Mid-range Performer
373.9000 0.90 (0.24%)
NSE Apr 21, 2025 10:08 AM
Volume: 46,719
 

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EIH Ltd.
03 Jun 2019
373.90
0.24%
ICICI Securities Limited
Despite short-term setback, growth momentum to stay Q4FY19 was a challenging quarter for the hospitality industry as a whole led by the grounding of a major airline. This led to a financial setback and also impacted the business growth momentum. As seen in Q4FY19, EIH has taken a hit on its P&L; relating to receivables of its airline catering business from a single customer to the tune of ~| 85 crore. We believe this would have been further aggravated by lower revenues from that segment. Additionally, due to the grounding of the airline company, air fares had shot...
EIH Ltd. is trading below its 100 day SMA of 376.6
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