News for Kamat Hotels (India) Limited (KAMATHOTEL.BO)

The Bombay High Court has ordered online travel portals like Makemytrip and Agoda to remove listings of a company allegedly infringing Kamat Hotels' trademark 'The Orchid'. Kamat Hotels claims that Orchid Service Apartment is using a similar name, causing confusion. The case will be heard further on October 10.

Q4 FY2024 Results: Around 42 companies, including Dr Reddy's Laboratories, Voltas, JSW Energy, Pidilite Industries, United Breweries, IDFC, Hindustan Media Ventures, and PB Fintech, are scheduled to post their earnings on May 7.

The quarterly earnings season commenced in the second week of April and remains ongoing, with more than 260 companies slated to announce their fourth-quarter earnings throughout this week.

Buzzing Stocks Today, Stocks that will see action today: 5 April 2024 - HDFC Bank, L&T, Cipla, Aavas Financiers, Nazara Tech, Prestige Group, Hero MotoCorp, Kamat Hotels, Indian Hotels, SecureKloud, Avanti Feeds, Tiger Logistics, Tanvi Foods, Aeroflex Ind, Nestle India, LTIMindtree, Sula Vineyards, IOL Chem, Cello World, Indraprastha Medical

Piramal Alternatives Trust acquires stake in Annapurna Finance, Bajaj Auto's Vice Chairman resigns, Magma Ventures sells shares of Poonawalla Fincorp, SBI Cards raises funds, CCEA approves coal-to-SNG project, Shilpa Medicare ordered to pay damages, Sarda Metals approves new project, Dhanuka Agritech signs Letter of Intent, Auro Laboratories acquires leasehold land, Catvision sells land & building, Gainwell Group acquires stake in TIL, Mastek collaborates with Microsoft, Kamat Hotels signs JDA, Tamil Nadu Transmission terminates contract, Borosil to raise funds through QIP.

Stocks to watch: Check out the companies making headlines before the opening bell today, on December 4, 2023.

The firm has reduced its debt towards redemption of non-convertible debentures by Rs 125 crore. The total debt now stands at Rs 172.50 crore

With India hosting the 2023 edition of the ICC World Cup, the hospitality industry is seeing a surge in bookings as well as in room rates.

BSE-listed Kamat Hotels expects to open eight to 10 new properties across the country in locations like Sambhajinagar (Aurangabad), Nashik, Jamnagar, Bhavnagar, and Dehradun to begin with

Going forward, analysts expect FY24 to stay strong for the sector supported by full resumption of the economy, India's G20 presidency in 2023, ICC Men's world cup and easing of E-visa rules.

KAMAT HOTELS LIMITED CIN: L55101MH1986PLC039307 Regd. Office: 70-C, Nehru Road, Near Santacruz Airport, Vile Parle , Mumbai -400 099. ... | December 14, 2022