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. |
Benares Hotels Ltd.
BSE: 509438 | Sector: Services |
NSE: N.A. | ISIN Code: INE664D01019 |
BSE 00:00 | 24 Jun | 1748.90 |
37.90 (2.22%) |
OPEN
1748.95 |
HIGH
1749.00 |
LOW
1682.00 |
NSE 05:30 | 01 Jan | Benares Hotels Ltd |
OPEN | 1748.95 |
PREVIOUS CLOSE | 1711.00 |
VOLUME | 38 |
52-Week high | 2629.00 |
52-Week low | 1503.00 |
P/E | 40.22 |
Mkt Cap.(Rs cr) | 227 |
Buy Price | 0.00 |
Buy Qty | 0.00 |
Sell Price | 0.00 |
Sell Qty | 0.00 |
Benares Hotels Ltd. (BENARESHOTELS) - Company History
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