Blue Coast Hotels Q3 Result 2024: Date and Time, Share Price and Target

News: Blue Coast Hotels, a prominent player in the hospitality industry, is set to announce its Quarter 3 (Q3) financial results for 2024. Investors and stakeholders eagerly await this update to gain insights into the company’s performance during the specified period. In this article, we’ll cover essential details related to Blue Coast Hotels’ Q3 results, including the announcement date, share price movements, and potential targets.

Key Points

1. Announcement Date:

• The Board Meeting for the announcement of Q3 results was held on 9th February 2024.
• The meeting agenda specifically focused on the quarterly financial performance of the company.

2. Share Price Insights:

• As of 12th February 2024, Blue Coast Hotels’ share price stood at Rs 7.90 on the NSE/BSE.
• The stock had experienced a 4.64% increase from its previous closing price of Rs 7.55.
• It’s essential to keep an eye on the share price, as it reflects market sentiment and investor confidence.

Financial Metrics:

• Earnings Per Share (EPS): The company reported an EPS of -5.36 (TTM) during the specified period.
• Market Capitalization (MCap): Blue Coast Hotels’ MCap is approximately Rs 10.07 crore.
• Debt Status: Remarkably, the company has been debt-free for the past five years.

Challenges Faced:

• Blue Coast Hotels encountered a loss of Rs 1.3 crore for the fourth consecutive quarter.
• This troubling trend warrants attention from investors and management alike.

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About Blue Coast Hotels :

Blue Coast Hotels, a prominent player in the hospitality industry, has been making waves with its luxurious accommodations and impeccable service. Here are some key points to acquaint you with this remarkable brand:

1. Founding and Vision:

• Blue Coast Hotels was founded with a vision to redefine hospitality by blending elegance, comfort, and personalized experiences.
• Their commitment to excellence has earned them a loyal clientele and a reputation for delivering top-notch services.

2. Properties and Locations:

• Blue Coast Hotels boasts a portfolio of exquisite properties across various destinations.
• From serene beachfront resorts to chic urban hotels, their locations cater to diverse traveler preferences.

3. Amenities and Services:

• Guests at Blue Coast Hotels enjoy a range of amenities, including spacious rooms, fine dining restaurants, rejuvenating spas, and state-of-the-art fitness centers.
• The brand’s concierge services ensure that every guest’s needs are met promptly and efficiently.

4. Sustainability Initiatives:

• Blue Coast Hotels is committed to environmental conservation.
• They actively participate in eco-friendly practices, such as minimizing plastic usage, conserving water, and supporting local communities.

5. Culinary Delights:

• Food enthusiasts are in for a treat at Blue Coast Hotels.
• Their culinary offerings blend global flavors with local ingredients, creating memorable dining experiences.

6. Upcoming Developments:

• The brand continues to expand, with new properties in the pipeline.
• Keep an eye out for exciting announcements about upcoming openings!

While the Q3 results provide crucial insights, investors should also consider the broader market dynamics and the company’s strategic initiatives. Blue Coast Hotels’ management must address the challenges posed by consecutive losses and work towards sustainable growth.

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