281.75 -0.85 (-0.30%)

86.47% Gain from 52W Low

428 Volume

NSEJan 21, 2021 10:14 AM



EIH Associated Hotels Ltd.    
08 Nov 2019
281.75
-0.30%
ICICI Securities Limited
With the tourism sector being a major contributor to the country's GDP and net foreign exchange earner, it remains a key focus area for the government. Earlier reforms by the government to improve connectivity and boost the tourism ecosystem - Incredible India 2.0, extension of e-visa, reduction in visa fees, UDAAN have fared well in the past. It recently got a booster with the announcement of a GST rate cut for hotels and corporate tax rate cut. Reduction of GST rates will make the cost of a tour in India more competitive among South East Asian regions. This will help improve foreign tourist flows...
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EIH Associated Hotels Ltd. has gained 20.15% in the last 6 Months
EIH Associated Hotels Ltd.    
01 Aug 2018
281.75
-0.30%
ICICI Securities Limited
ICICI Securities Ltd | Retail Equity Research EIH's results were broadly above our estimate. The re-opening of New Delhi property has started gaining traction and positively contributed to revenues and margins in Q1FY19 Consequently, revenues increased 17.7% YoY to | 335.0 crore (above I-direct estimate of | 322.6 crore). EBITDA increased 73.0% YoY to | 48.3 crore (vs. I-direct estimate of | 41.9 crore). On the margin front, the EBITDA margin increased 461 bps YoY to 14.4%...
EIH Associated Hotels Ltd. has gained 20.15% in the last 6 Months
EIH Associated Hotels Ltd.    
25 Jan 2017
281.75
-0.30%
ICICI Securities Limited
EIH reported a good set of Q3FY17 numbers. Revenues declined 6.4% YoY to | 375.4 crore (vs. I-direct estimate of | 373.0 crore) mainly led by closure of The Oberoi, New Delhi for renovation. However, adjusting for The Oberoi, New Delhi revenues (which contributed 14% to overall revenues) we believe revenues increased ~9% YoY mainly due to an increase in management fees and opening of a new hotel in Chandigarh EBITDA margin also improved 315.8 bps YoY to 29.6% (vs. I-direct...
EIH Associated Hotels Ltd. is trading above all available SMAs