You are here » Home » Companies » Company Overview » Gujarat Hotels Ltd

Gujarat Hotels Ltd.

BSE: 507960 Sector: Services
NSE: N.A. ISIN Code: INE621C01011
BSE 00:00 | 26 Nov 139.85 2.05
(1.49%)
OPEN

141.90

HIGH

143.75

LOW

137.00

NSE 05:30 | 01 Jan Gujarat Hotels Ltd
OPEN 141.90
PREVIOUS CLOSE 137.80
VOLUME 787
52-Week high 204.45
52-Week low 85.70
P/E 23.70
Mkt Cap.(Rs cr) 53
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 141.90
CLOSE 137.80
VOLUME 787
52-Week high 204.45
52-Week low 85.70
P/E 23.70
Mkt Cap.(Rs cr) 53
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Gujarat Hotels Ltd. (GUJARATHOTELS) - Company History

Promoted by Gujarat Industrial Investment Corporation and ITC and incorporated as Gujarat Hotels Baroda in Aug.'82 Gujarat Hotels acquired its present name in 1985.The company set up the first and only five star hotel Welcomgroup Vadodara in 1986 with a capacity of 144 rooms. In 1992 the company jointly formulated a rehabilitation package alongwith the Government of Gujarat and the financial institutions since the company was incurring losses. In accordance to the rehablilitation package the hotel was given on an Operating License to ITC from Oct.'92. After the full-implementation of the rehabilitation package the company in 1993-94 made a net profit for the first time.As a part of its restructuring exercise ITC assigned the Operating License agreement with the company to ITC Hotels with effect from Oct.'94.

.