Oriental Hotels shares fall after weak Q1 earnings
Shares of Oriental Hotels fell 3.6% to Rs 88.65 as of 10:20 a.m. following a string of dismal first quarter results. On July 20, Oriental Hotels announced a 10% increase in annual net profit to Rs 12.2 crore in the April-June quarter. The company’s total revenue also increased 6% to Rs 96.79 crore in the …
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