The shares of the hospitality services provider fell up to 5 percent after the company’s net profit decreased by 99 percent YoY and 94 percent QoQ in the fourth quarter.
With a market capitalization of Rs 650.84 crore, the shares of Kamat Hotels (India) Ltd were trading at Rs 264.00 per share, decreasing around 3.37 percent as compared to the previous closing price of Rs 273.20 apiece.
Looking into the company’s performance, Kamat Hotels (India) Ltd’s revenue decreased…
Read further.
#hotel #hoteltrade #hotelnews