Taj GVK Hotels & Resorts Ltd. is the joint venture between Indian hotel and Hyderabad based GVK Group. Taj GVK has established its presence as an industry stalwart in a short time with 7 premium properties. The company has total room base of 1362.
Taj GVK Hotels & Resorts CMP is 230.65. Negative aspect of the company is FIIs are decreasing stake. Positive aspects of the company are no debt, improving annual net profits, improving cash from operations annual, MFs are increasing stake and zero promoter pledge.
Entry after closing above 236. Target of the call will be 245 and 253. Long term targets in the stock will be 268. Stop loss in the stock should be maintained at closing below 216.
Taj GVK Hotels & Resorts CMP is 230.65. Negative aspect of the company is FIIs are decreasing stake. Positive aspects of the company are no debt, improving annual net profits, improving cash from operations annual, MFs are increasing stake and zero promoter pledge.
Entry after closing above 236. Target of the call will be 245 and 253. Long term targets in the stock will be 268. Stop loss in the stock should be maintained at closing below 216.
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