Oriental Hotels (ORIENTHOT) Share News & Alerts
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Oriental Hotels Q4 PAT rises 64% YoY to Rs 29 cr
▲ Bullish +10.11%
The company reported a significant 64% jump in net profit driven by operational efficiencies and reduced finance costs, despite modest 3% revenue growth. For swing traders, this bottom-line expansion and the ₹0.65 dividend announcement serve as positive catalysts for a 1-2 week price appreciation. The stock is coming off a downtrend, and these results could confirm a technical reversal as the market rewards the sharp improvement in margins.
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