Apollo Sindoori Hotels Ltd: A Beneficiary of the Historic event of Ayodhya Ram Temple Inauguration 

“Discover how Apollo Sindoori Hotels Ltd is poised to benefit from the inauguration of Ayodhya’s Ram Temple. Learn about the company’s performance, its potential for bumper earnings, and the impact of this historic event on its stock market position. Stay updated with the latest news on Apollo Sindoori Share.”

Table of Contents

  1. Introduction to Apollo Sindoori Hotels Ltd
  2. Current Status of Apollo Sindoori Share
  3. Last 5 Years Return Information
  4. The Ayodhya Ram Temple and Its Impact
  5. How Apollo Sindoori Share Will Benefit
  6. Disclaimer

Introduction to Apollo Sindoori Hotels Ltd

Apollo Sindoori Hotels Ltd is a leading hospitality service management and support service company in India. The company specializes in Healthcare Catering, Industrial Catering, Corporate Catering, Installation Catering, Outdoor Catering, Restaurant and Management Services. With its headquarters in Chennai, the company boasts a prestigious client list that includes Apollo Hospital, Wipro Company, KD Hospital, HAL, and Tata Medical Centre.

Current Status of Apollo Sindoori Share

The company has a market cap of Rs 395.17 crores and a promoter holding of 64.68%. The current debt of the company stands at Rs 99.71 crores, while it has an amount of Rs 56.56 crores available in the form of free cash. The dividend yield of the company is recorded at 0.1%, and the sales growth and profit growth are recorded at 29.64% and 16% respectively.

Last 5 Years Return Information

Over the past 5 years, Apollo Sindoori Share has given investors a return of 6.5%. In the last 3 years, the returns have been 36%, and in the last 1 year, the returns have been 15%. In the last 6 months alone, the company has received returns of 12%, indicating a consistent track record of providing good returns to investors.

The Ayodhya Ram Temple and Its Impact

The much-anticipated Ram temple in Ayodhya is set to open soon, with Indian Prime Minister Narendra Modi expected to inaugurate it in January 2024. This event is expected to draw a huge crowd of people to the area. The Apollo Sindoori Share, which is currently trading at Rs 1519.65 in the stock market, is expected to benefit significantly from this event. The 52-week high level of the stock is Rs 1,900 and the 52-week low level is Rs 1,020.

How Apollo Sindoori Share Will Benefit

In anticipation of the large influx of people to Ayodhya following the opening of the Ram temple, Apollo Sindoori Share Company is building a multi-level parking facility in Tedhi Bazaar of Ayodhya. This facility will provide parking for vehicles in a 3000 square meter area. In addition, the company is planning to run a hotel on the roof of this facility, which will have the capacity to serve 1000 people at a time. This strategic move is expected to result in a significant increase in the profit of Apollo Sindoor Hotel.

Apollo Sindoori Hotels Ayodhya

Disclaimer

The information provided in this article is for informational purposes only. sharemarket-buzz.com does not advise investing in the stock market. The stock market is subject to risk, hence it is advisable to take expert advice before investing.

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