Scripscan:Benares Hotels Ltd
cmp:490
Code:509438
Story:Robust financial performance, near zero debt, good dividend-paying record and advantage of location are major investment triggers for the stock of Benares Hotels.The company trades at a P/E of 11 times, which is relatively low. The company''s presence in Varanasi, one of the main pilgrimage destinations in India, ensures a continuous flow of travellers. For years, the company has been recording a net profit margin in the range of 15-20%. This is far better than larger players like Royal Orchid Hotel and Kamat Hotels, which have a net profit margin of 10% and 1%, respectively. Given these factors, the stock looks promising for long-term investors.
cmp:490
Code:509438
Story:Robust financial performance, near zero debt, good dividend-paying record and advantage of location are major investment triggers for the stock of Benares Hotels.The company trades at a P/E of 11 times, which is relatively low. The company''s presence in Varanasi, one of the main pilgrimage destinations in India, ensures a continuous flow of travellers. For years, the company has been recording a net profit margin in the range of 15-20%. This is far better than larger players like Royal Orchid Hotel and Kamat Hotels, which have a net profit margin of 10% and 1%, respectively. Given these factors, the stock looks promising for long-term investors.
