Kamat Hotels Achieves 52-Week High Amid Strong Financial Performance and Market Resilience

Kamat Hotels (India) has made headlines today as its stock price reached a new 52-week high of Rs. 328.5, reflecting a notable increase of 3.27% during intraday trading. This microcap company, operating in the Hotel, Resort & Restaurants industry, has outperformed its sector by 1.61%, showcasing its strong market position.
The stock has demonstrated consistent performance, gaining 5.93% over the last two days. Kamat Hotels is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish trend. Over the past year, the stock has delivered impressive returns of 31.61%, significantly outpacing the Sensex, which has only seen a 2.07% increase.

Financial metrics reveal a robust operating profit growth of 63.94% in the latest quarter, with net sales reaching Rs. 110.89 crore. The company’s operating profit to interest ratio stands at a strong 7.85 times, further highlighting its financial health. Despite some challenges, including a high Debt to EBITDA ratio of 8.45 times, Kamat Hotels continues to show resilience and a solid performance trajectory in the competitive hospitality sector.