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The scrip had touched a high of Rs 127.05 and low of Rs 126.44 during the day so far. On BSE, 415 shares were traded in the scrip.
The EIH Associated Hotels scrip had edged up 0.15% to Rs 125.35 on 14 June 2007, from Rs 125.15 on 13 June 2007, after the company unveiled the results after trading hours on 13 June 2007.
Earlier, the scrip had bounced back from a recent low of Rs 117.85 on 29 March 2007 to Rs 135.65 on 20 April 2007. Thereafter the scrip hovered between Rs 125 - Rs 135.
EIH Associated Hotels’ net profit declined 17.07% to Rs 7.48 crore in Q4 March 2007 as against Rs 9.02 crore in Q4 March 2006. Revenue jumped 35.58% to Rs 55.67 crore in Q4 March 2007 as against Rs 41.06 crore in Q4 March 2006.
Net profit moved up 52.50% to Rs 13.71 crore in the year ended March 2007 as against Rs 8.99 crore during the previous year ended March 2006. Revenue scaled up 45.08% to Rs 159.04 crore in FY 2007 (Rs 109.62 crore).
The company has recommended 8% dividend on equity shares on the increased equity capital of Rs.19.59 crore.
EIH Associated Hotels is into the hospitality business and related activities.
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