EIH jumps 20% on record Q3 earnings; stock up 150% in a year
Wed, Feb 7, 2024 12:36 PM

EIH jumps 20% on record Q3 earnings; stock up 150% in a year

A Flip by Avya Verma
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Shares of hospitality chain EIH Limited zoomed 20 percent to a new high of Rs 426.50 on February 7 morning, a day after the company which operates Oberoi chain of hotels reported record earnings for the December quarter. The company's profit jumped 52 percent on-year to Rs 229.94 crore and total income increased to Rs 769.87 crore. Implementation of cost-saving measures played a crucial role.

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