Penny Stocks - Sayaji Hotels - A Dark Horse in Equity / Stocks - CMP: 158
Sayaji Hotels Limited owns and operates hotels in India. They also run a popular chain of restaurant which ...
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04-05-2012 03:57 PM
Sayaji Hotels - A Dark Horse
CMP: 158
Sayaji Hotels Limited owns and operates hotels in India. They also run a popular chain of restaurant which goes by the name "Barbeque Nation".
I love Barbeque Nation restaurant. Sayaji Hotels currently trades at a very expensive P/E of over 200 on recent quarter losses. It runs at a debt of 132 Crores making it a risky investment bet. Revenues have risen from 45 Crores to over 100 Crores in the last 5 years. Profits have been lingering around 4 Crores for the last 5 years. Recent quarters have seen losses as well. I believe its their strong brand value presence that has kept the stock price up. It is a dark horse and could give surprises.
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