New Delhi, Feb. 18 -- Despite a broader market downturn, shares of Tata Group's Benares Hotels have delivered a remarkable performance in 2025, surging 29 per cent on a year-to-date (YTD) basis. The strong rally has been fueled by robust third-quarter results and heightened demand amid the ongoing Kumbh Mela, which is expected to further boost revenues in the March quarter (Q4FY25). The stock's smart rally has even trumped the gold price rise of 11 per cent this year, the highest among asset classes.
Benares Hotels saw a 25 per cent rally in January, followed by a modest 0.3 per cent gain in February. On Tuesday, the Tata Group stock surged 8.5 per cent to hit a day's high of Rs.10,555.65. Currently, it remains 10.5 per cent below its al...
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