Tata Group’s Benares Hotels Ltd. Gives Excellent Returns
Tata Group is the largest business house in India with about 28 listed companies in the stock market, with many more unlisted companies. One of these listed companies is Benares Hotels Ltd., which is associated with the hotel business. The share rate of Benares Hotels Ltd. has more than doubled in the past year, from Rs.1918 to Rs.3950, providing investors with a 100% return.
Tata Group is very active in the hotel sector, with two other companies, Indian Hotels Company and Oriental Hotels, also being part of the Tata Group. While the share rate of Benares Hotels Ltd. had gone down to a minimum of Rs.1600 during the last year, it has reached a maximum level of Rs.3975. The share rate of Benares Hotels Ltd. is currently trading at Rs.3950, with a rise of about two and a quarter percent.
In the last month, shares of Benares Hotels Ltd. have provided a return of around 8%, and in the past three months, this return has been around 20%. The one-year returns have been around 105% by this time.
Investment advice is not provided here, and investors are advised to consult their financial advisors before investing.
Other news related to Tata Group includes Tata chairman Chandrasekaran’s journey from intern to chairman, a new lithium-ion cell factory to be set up in Gujarat with an investment of Rs. 13,000 crores, and Tata Motors’ success going from loss to profit. Additionally, Tata Nano Electric is set to compete with Alto, and Tata Tigor is launching a new CNG car priced at Rs.1 lakh with strong features and mileage.
Tata Group is also offering investment opportunities through IPOs, discounts on Tata cars, and the top three affordable SUVs available with low prices and great features.
Overall, Tata Group’s Benares Hotels Ltd. has provided excellent returns to investors, and the group continues to strive for success in various sectors.
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English Summary: Shares of Tata Group company Benares Hotels Ltd gave 100 percent return in one year. The share rate of Benares Hotels Ltd. was Rs.1918 a year ago and presently trades at Rs.3950.
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