Introduction:
Real estate firm has entered into major agreements with Indian Hotels Company Limited (IHCL), including a Hotel Management Agreement (HMA) and Technical Services Agreement (TSA). Additionally, an Agreement to Lease (ATL) with IHCL’s subsidiary marks a significant milestone.
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Share price movement of Hampton Sky:
On December 18, 2024, Hampton Sky Realty Ltd opened at ₹29.51, up 5.87% from its previous close of ₹27.89. The stock reached a high of ₹33.10 (16.60%) and a low of ₹29.51. By 12:39 PM, it traded at ₹32.52, a 16.60% increase, with a market cap of ₹891.72 crore.
Hampton Sky Realty signs agreements:
Hampton Sky Realty Limited has announced entering into significant agreements with Indian Hotels Company Limited (IHCL). The company signed a Hotel Management Agreement (HMA) and a Technical Services Agreement (TSA) with IHCL on December 17, 2024.
Additionally, Hampton Sky Realty entered into an Agreement to Lease (ATL) with Roots Corporation Limited (RCL), a subsidiary of IHCL. This development marks a key milestone for the company, enhancing its growth prospects within the hospitality sector.
The agreements align with Hampton Sky Realty’s strategic goals, further strengthening its position in the market. The company has provided detailed information on these transactions as part of its regulatory compliance under the SEBI Listing Regulations.
Recent news on Hampton Sky:
As of December 03, 2024, Hampton Sky Realty reported a 91.66% decline in net sales for September 2024, totaling ₹5.16 crore. However, net profit surged 239.67% to ₹1.33 crore, while EBITDA rose 73.41% to ₹6.26 crore.
Ace investor holding in Hampton Sky:
Subhash Chander
Subhash Chander holds a 4.80% stake in Hampton Sky Realty Ltd, owning 13,174,300 shares valued at ₹42.9 crore. This significant holding reflects his strong investment in the company, highlighting his confidence in its future prospects.
Stock performance of Hampton Sky for Period of 1 week, 6 months and 1 year:
Hampton Sky Realty Ltd has experienced a decline in performance, with a -2.65% return over the past week, -13.4% over the last six months, and a significant -43.9% drop over the past year, indicating challenging market conditions.
Shareholding pattern of Hampton Sky:
| All values in % | Sep 2024 | Jun 2024 | Mar 2024 |
| Promoter | 74.90% | 74.90% | 74.90% |
| FII | 4.20% | 4.40% | 3.50% |
| DII | 0% | 0.10% | 0.10% |
| Public | 20.90% | 20.70% | 21.50% |
About Hampton Sky:
Hampton Sky Realty Ltd. (BSE: 526407) is a leading real estate development company specializing in commercial and residential properties. Known for its high-quality developments across India, the company caters to the needs of modern businesses and leisure travelers.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
