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JAYPEE HOTELs - worth watching

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  #1  
Old 6th October 2004, 07:55 AM
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Default JAYPEE HOTELs - worth watching

Hello,
Jaypee Hotels, an associate company of Jaiprakash Group, has fared well as it has posted net profit to Rs.5.27 cr. for 2003-04, as against Rs.2.04cr. for previous year.The book value as on 31-03-04 was at Rs.20.10. While tourist inflow improvement augurs well for hotel industry, the construction segment is also seeing more order bookings. The scrip is worth buying at current price of Rs.23 as mid-term investment. Comments are welcome.
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  #2  
Old 6th October 2004, 10:51 AM
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Default Re: JAYPEE HOTELs - worth watching

I would recommend to wait for a close above 25.00 before one buys into this stock.
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Old 7th October 2004, 09:00 AM
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Default Re: JAYPEE HOTELs - worth watching

I met a trader who squared a majority of his deals at around 3.20-3.25. Does one have to wait for the closing?
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Old 7th October 2004, 10:58 AM
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Default Re: JAYPEE HOTELs - worth watching

Quote:
Originally Posted by sh50
I met a trader who squared a majority of his deals at around 3.20-3.25. Does one have to wait for the closing?
I think there is a mix up in the numbers here!
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  #5  
Old 8th October 2004, 06:28 AM
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Post Re: JAYPEE HOTELs - worth watching

I mean 3.20 pm
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