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Roots (TSE:ROOT) Stock Price Down 1 3%

Roots Co. (TSE:ROOT – Get Free Report) shares were down 1.3% during mid-day trading on Monday . The company traded as low as C$2.30 and last traded at C$2.32. Approximately 5,730 shares traded hands during trading, a decline of 40% from the average daily volume of 9,618 shares. The stock had previously closed at C$2.35. […]

Will 35% margin be the new normal for Indian Hotels in foreseeable future? Puneet Chhatwal answers

Puneet Chhatwal, MD & CEO of IHCL, discusses the projected increase in management fee income, expecting it to reach Rs 550 crore by 2025-26. He highlights the high flow-through of management fee business, stating that it is expected to grow at a rate of over 20% per annum. Chhatwal mentions the significant contribution of fee-based business and operating leases to IHCL s overall revenue. He concludes with confidence in the company s financial growth and the potential for further margin expansion.

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