Hotel Leelaventure jumps 3.2%; gets members' nod to sell Chennai, Delhi properties

India Infoline News Service | Mumbai | September 20, 201611:04 IST

The company gets shareholder approval for sale/transfer of The Leela Palace, Chennai and/or The Leela Palace, New Delhi.

Hotel Leela Venture
Hotel Leela Venture Ltd is currently trading at Rs.18.65, up by Rs. 0.6 or 3.32% from its previous closing of Rs.18.05 on the BSE. The company gets shareholder approval for sale/transfer of The Leela Palace, Chennai and/or The Leela Palace, New Delhi.

The scrip opened at Rs.18.5 and has touched a high and low of Rs.18.95 and Rs.18.5 respectively. So far 659078(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 842.23 crore.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 24.1 on 05-Jan-2016 and a 52 week low of Rs. 16.55 on 29-Feb-2016. Last one week high and low of the scrip stood at Rs. 18.6 and Rs. 17.6 respectively.

The promoters holding in the company stood at 63.88 % while Institutions and Non-Institutions held 5.42 % and 30.69 % respectively.

The stock is currently trading above its 200 DMA.

***Note: This is a NSE Chart

 

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