Hotel stocks shine up to 130 per cent in 2021
DSIJ IntelligenceCategories: DSIJ News, Trending
Traders and investors are now increasingly waking up to realise that economy may finally open and as estimated by various pundits, India will be fully vaccinated by December 2021. There is wide speculation that by the end of the year, all those hotels that are struggling to do business in the wake of the pandemic will be full by the year-end.
Traders and investors are now increasingly waking up to realise that economy may finally open and as estimated by various pundits, India will be fully vaccinated by December 2021. There is wide speculation that by the end of the year, all those hotels that are struggling to do business in the wake of the pandemic will be full by the year-end.
We observed the performance of listed hotel stocks and found that on average, these hotel stocks have delivered 25 per cent returns; thereby, beating Sensex returns in the past one month. Clearly, the expectations of opening up the economy are playing on investors’ minds.
Following is a list of the top 20 hotel stocks in terms of returns on a YTD basis :
|
Company name |
Latest market cap (Rs crore) |
YTD returns (per cent) |
|
Dhanada Corporation Ltd |
28.25 |
130.59 |
|
Mac Charles (India) Ltd |
501.76 |
64.69 |
|
Oriental Hotels Ltd |
703.68 |
55.42 |
|
Byke Hospitality Ltd |
126.71 |
54.9 |
|
Aruna Hotels Ltd |
10.69 |
49.43 |
|
Velan Hotels Ltd |
12.05 |
46.12 |
|
HS India Ltd |
10.15 |
36.76 |
|
HLV Ltd |
461.56 |
36.06 |
|
Lords Ishwar Hotels Ltd |
3.14 |
32.91 |
|
Jindal Hotels Ltd |
23.37 |
31.65 |
|
Advani Hotels & Resorts (India) Ltd |
311.98 |
29.81 |
|
CHL Ltd |
46.87 |
29.15 |
|
Gujarat Hotels Ltd |
52.82 |
29 |
|
Royale Manor Hotels & Industries Ltd |
28.7 |
27.92 |
|
Mahindra Holidays & Resorts India Ltd |
3,471.04 |
21.82 |
|
Best Eastern Hotels Ltd |
33.62 |
20.91 |
|
Sinclairs Hotels Ltd |
165.57 |
20.71 |
|
EIH Ltd |
6,847.74 |
17.24 |
|
Country Club Hospitality & Holidays Ltd |
95.46 |
17.03 |