News for Asian Hotels (North) Limited (ASIANHOTNR.NS)

Stay updated with the latest Q4 results as Tata Steel, Cummins India, Lemon Tree Hotels, and 560+ companies reveal their earnings today.

, and Shree Ganesh Jewellery House.Equity markets opened positive but quickly slipped due to NSE F&O contract settlement & traders booking profits. Nifty & Sensex down 0.27% & 0.3% respectively. 2,964 stocks traded, 144 hit 52-week high & 15 hit 52-week low. Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd, said Nifty could find support at 20000 & hurdle at 20,223. Major gainers on BSE include Alembic Pharma, The New India Assurance Co, Carysil, L.G Balkrishnan & Bros, General Insurance Corp. Major losers on BSE include Cressanda Solutions, Aster DM Healthcare, Adani Total Gas, Jaiprakash Power Ventures. BSE MidCap & SmallCap up 0.24% & 0.21%. Stocks hitting 52-week high & low on NSE include 63 moons technologies, Ahluwalia Contracts, Anand Rathi Wealth, Anant Raj, Asian Hotels (North) & Bohra Industries, Sel Manufacturing, Shaily, Raj Rayon Industries, Shree Ganesh Jewellery House.

YES Bank said it has transferred 44.5 crore shares of Dish TV India, accounting for 24.2 per cent of the total share capital of the company

The Delhi bench of the National Company Law Tribunal admitted the company on September 16 and appointed Sapan Mohan Garg as an interim resolution professional, according to an order posted on its website. Yes Bank, the sole banker to the hotel, sold its entire ₹282 crore debt to JM Financial ARC at an uncontested Swiss auction held on June 20, said a person aware of the transaction.

Experts expect demand drivers to prove sustainable over the next couple of years and are positive about the prospects of the industry

Read more about Hotel stocks rally on heavy volumes; Chalet, Lemon Tree soar over 10% on Business Standard. While Q2FY22 witnessed a sharp rebound in revenues on a lower base, ICICI Securities expect a further recovery in revenues during Q3FY22E supported by healthy festive season travel demand.

Mazhar Mohammad of Chartviewindia.in said, the index is in blue sky territory, but there seems to be potential resistance around the 17,150 level.

Mazhar Mohammad of Chartviewindia.in said Nifty will need to sustain above the gap zone of 16,176-16,146 to retain the positive bias. "If the bulls manage to defend the said support, a higher target towards 16,700 can be expected," he said.

BoM-led consortium of banks has collectively sanctioned ₹717.61 crore, as per the hotel’s regulatory filing