Industry News

Not TaMo, IHC or Titan: This small-cap Tata group hotel stock surged over 100% in one year

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Update time : 2023-06-05 16:45:48
Out of 28 Tata group stocks, hotel stocks that include Indian Hotels Company ((IHC) and Oriental Hotels have given stellar return to its shareholders in last one year. However, the show stopper among the Tata group hospitality stocks is a small-cap stock that has a market cap of little over ₹500 crore. The Tata group hotel stock we are talking is Benares Hotels Ltd. In last one year, Benares Hotels share price has appreciated from around ₹1,918 to ₹3,890 apiece levels, delivering more than 100 per cent return to its shareholders in this time, generating alpha return against major Tata group stocks like Tata Consultancy Services (TCS), Tata Motors (TaMo), Titan Company, Tata Steel, Tata communications, Tejas Networks etc.
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