Your leisure spending created these multibaggers in 2022! What’s in store now?
Going by the improvement seen in 1HFY2023, we do not see this derailing anytime soon,said Manish Jeloka, co-head of products and solutions at Sanctum Wealth Management. Given that Q3 is the strongest in terms of seasonality, we expect the momentum to sustain.
Aviator Global Investment Fund acquires 1.4% stake in Best Agrolife, Merlin Marketing 1.48% in Kamat Hotels
Yes Bank sold 43 lakh shares in CG Power & Industrial Solutions at Rs 10.75 per share. The bank held 8,00,50,000 equity shares (representing 12.79 percent of its total paid-up equity) in the company as of March 31.
Kamat Hotels India released its December quarter results during market hours. Revenue declined 4.8% y/y to Rs 62.3 crore. EBITDA was down 9.7% y/y to Rs 21.1 crore as margin declined 190bps y/y to 33.8%. The stock was up 3.5%.
The Council approved a cut in tax rates on rooms with a tariff of Rs 7,500 and above to 18 percent and those with tariff below Rs 7,500 to 12 percent. GST on room tariff below Rs 1,000 has been scrapped.