I want to knew about vedant hotel- ask by shri nisu katiyar ji by mail
1. Vedant hotel is 1 rupees face value share trading at 5 % upper circuit almost near his year high.
2. Promoter holding is 74.72 percent in vedant hotel with no pledged share is a sound fundamental.
3. The company established a Five Star Hotel (The Vedant ) at Aurangabad in 1995. 4. vedant hotel has 100 rooms and is spread over an area of 1.5 acres in historic Aurangabad city in central Maharashtra known for world famous heritage sites of Ajanta & Ellora.
5. In june09 quarter company net sales is 8 million only and have a net loss 8.23 million is very dangerous situation.
6. book value is vedant hotel is 7.10
7. I think vedant hotel will turn around in profit soon but due to high price (yes price is high if we compare to his face value)of this loss making share I would like to avoid it but high risk profile investor may take a entry for short term for target of 11-13.
1. Vedant hotel is 1 rupees face value share trading at 5 % upper circuit almost near his year high.
2. Promoter holding is 74.72 percent in vedant hotel with no pledged share is a sound fundamental.
3. The company established a Five Star Hotel (The Vedant ) at Aurangabad in 1995. 4. vedant hotel has 100 rooms and is spread over an area of 1.5 acres in historic Aurangabad city in central Maharashtra known for world famous heritage sites of Ajanta & Ellora.
5. In june09 quarter company net sales is 8 million only and have a net loss 8.23 million is very dangerous situation.
6. book value is vedant hotel is 7.10
7. I think vedant hotel will turn around in profit soon but due to high price (yes price is high if we compare to his face value)of this loss making share I would like to avoid it but high risk profile investor may take a entry for short term for target of 11-13.
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