Indian Hotels Co Ltd on Tuesday reported a 57% rise in quarterly net profit, helped by higher occupancy and room rates, and said it expected founders to infuse Rs400 crore in the company by June next year.
The hotel operator, which runs the Taj brand in the luxury five-star segment, the Vivanta brand in the four-star segment, Gateway Hotels in the three star-segment and Ginger in the budget space, expects a 5-10% increase in average room rentals in FY12, said Ajoy Misra, senior vice president, sales marketing. definitely their Ginger hotels provide quality service with reasonable rates and all those going to stay at N'.Delhi must make use of this Ginger hotel which was known as Rail Yatri Niwas earlier and now has been taken over by Tata group. Moreover it is closest to platform no 13 on Ajmeri gate side. The hotel provides real value for money and one really need to book the same in advance as this hotel at N'.Delhi remains booked most of the times.
All those with a long term perspective can enter in the stock for good returns. Long term means all those investors who do not have the habit of see every penny rise and fall in the market. Check out daily free share tips and Nifty analysis to execute your decisions with reliable information.
You
should Trade Less But Trade Accurately & this is Achieved with our Tip.
