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Benares Hotels Ltd.

BSE: 509438 Sector: Services
NSE: N.A. ISIN Code: INE664D01019
BSE 00:00 | 10 May 1225.00 0
(0.00%)
OPEN

1225.00

HIGH

1225.00

LOW

1225.00

NSE 05:30 | 01 Jan Benares Hotels Ltd
OPEN 1225.00
PREVIOUS CLOSE 1225.00
VOLUME 162
52-Week high 1350.00
52-Week low 1131.35
P/E
Mkt Cap.(Rs cr) 159
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 1225.00
CLOSE 1225.00
VOLUME 162
52-Week high 1350.00
52-Week low 1131.35
P/E
Mkt Cap.(Rs cr) 159
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Benares Hotels Ltd. (BENARESHOTELS) - Company History

Promoted by chairman Vibhuti Narayan Singh in 1971 Benares Hotels (BHL) is in the hotel business in Varanasi Uttar Pradesh. In Mar.'94 it undertook a project financed by term loans to provide the hotel with a restaurant and bar. It has also finalised plans for further expansion of the hotel which are currently under implementation.In 1994-95 the inflow of tourists into the country was adversely affected by the plague epidemic in the country. In spite of this the company achieved improved working results in 1994-95 showing an increase of 11.6% in revenue.The hotel is located close to the temples making it more convenient for foreign tourists. It has a large banquet hall a swimming pool and a well-maintained garden. During the year 1998-99 Company declared dividend for the the year is 60% to the shareholders and also earned in foreign exchange earnings amounting to Rs 9.74 crores.The company recorded a impressive performance in increased occupancyhigher room realisation and higher F & B revenue and because of this the profit after tax increased by 6 % when compared to previous year.

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