Stock Market Update – Benares Hotels Share Price Target Tomorrow 2024 To 2030

Benares Hotels Ltd is a well-established hospitality company in India, known for operating high-quality hotels and providing exceptional service to its guests. The company owns and manages properties primarily in Varanasi, a popular destination for both tourists and pilgrims. Benares Hotels focuses on offering a luxurious and comfortable stay with a blend of traditional hospitality and modern amenities. Benares Hotels Share Price on BOM as of 13 December 2024 is 8,512.00 INR. Here will provide you more details on Benares Hotels Share Price Target 2024, 2025, 2026 to 2030.

Benares Hotels Ltd: Market Overview

Open Price: ₹8,539.10
High Price: ₹8,700.00
Low Price: ₹8,315.00
Previous Close: ₹8,539.10
Volume: 246
Value (Lacs): ₹20.94
VWAP: ₹8,469.54
UC Limit: ₹10,246.90
LC Limit: ₹6,831.30
P/E ratio: 30.29
Div yield: 0.29%
52-wk high: ₹10,051.00
52-wk low: ₹7,400.00
Mkt cap: ₹1.11KCr
Face Value: ₹10

Benares Hotels Ltd Competitors

As of December 13, 2024, Benares Hotels Ltd has a market capitalization of approximately ₹1,111 crore. In comparison, some of its competitors in the Indian hospitality industry include:

Oriental Hotels Ltd: Market cap of ₹2,924 crore.
Delta Corp Ltd: Market cap of ₹3,106 crore.
Restaurant Brands Asia Ltd: Market cap of ₹2,000 crore.

Benares Hotels Share Price Chart

Benares Hotels Share Price Target Tomorrow 2024 To 2030

Benares Hotels Share Price Target Years	Share Price Target
2024	₹10,051
2025	₹11,248
2026	₹12,430
2027	₹13,560
2028	₹14,720
2029	₹15,840
2030	₹16,960

Benares Hotels Share Price Target 2024

Benares Hotels share price target 2024 Expected target could be ₹10,051. Here are 4 Key Factors Affecting Growth for Benares Hotels Share Price Target 2024:

Growth in Tourism: As tourism in Varanasi continues to rise, driven by both domestic and international travelers, Benares Hotels can see increased occupancy and higher revenues from its properties.
Strategic Location: Varanasi’s significance as a cultural and spiritual destination positions Benares Hotels to capitalize on the increasing demand for premium and luxury accommodations in the region.
Upgraded Facilities: Investments in modernizing and renovating hotel properties to offer enhanced services, such as premium amenities and eco-friendly features, could attract a broader customer base, boosting growth.
Corporate and MICE Segments: Catering to the growing demand for corporate and MICE (Meetings, Incentives, Conferences, and Exhibitions) events in the region could further drive revenue and enhance brand visibility.

Benares Hotels Share Price Target 2025

Benares Hotels share price target 2025 Expected target could be ₹11,248. Here are 4 Risks and Challenges for Benares Hotels Share Price Target 2025:

Economic Fluctuations: Changes in the national and global economy, such as inflation or a slowdown, could reduce consumer spending on travel and luxury accommodations, impacting hotel occupancy rates and revenues.
Increased Competition: The rise of new hotels and alternative accommodation options like Airbnb in Varanasi may lead to greater competition, potentially affecting Benares Hotels’ market share and pricing power.
Operational Costs: Rising costs related to energy, labor, and maintaining high-quality services could pressure profit margins, especially if the company expands or renovates its properties.
Dependence on Tourism: Benares Hotels heavily relies on tourism, especially in a city like Varanasi. Any decline in travel due to unforeseen events, such as pandemics or travel restrictions, could adversely affect its financial performance.

Benares Hotels Share Price Target 2030

Benares Hotels share price target 2030 Expected target could be ₹16,960. Here are 4 Risks and Challenges for Benares Hotels Share Price Target 2030:

Changing Travel Trends: Shifting preferences in the travel industry, such as the growing demand for budget or boutique accommodations, could challenge Benares Hotels to adapt its offerings to meet evolving consumer needs.
Economic Volatility: Long-term economic uncertainties, such as inflation, recession, or fluctuations in disposable incomes, may result in reduced spending on luxury travel and hospitality, affecting demand for high-end hotel services.
Regulatory and Environmental Changes: Changes in government regulations, taxes, or environmental policies may increase operational costs or require investments in compliance, potentially affecting profitability.
Competition from New Market Entrants: With more hotel chains and global brands expanding their presence in India, Benares Hotels may face intensified competition, particularly from larger hotel chains, making it challenging to maintain its market position.

Benares Hotels Ltd Shareholding Pattern

Promoters: 61.19%
Retail and Others: 38.80%
FII: 0.01%

Benares Hotels Ltd Financials

(INR)	2024	Y/Y change
Revenue	1.21B	29.19%
Operating expense	482.48M	18.79%
Net income	360.43M	54.16%
Net profit margin	29.90	19.36%
Earnings per share	—	—
EBITDA	510.42M	41.49%
Effective tax rate	25.05%	—