Savera Industries Ltd share Price Today

Savera Industries Limited (Formerly known Savera Hotels Ltd) was incorporated in 1969. The Company is engaged in the business of Hotelier. It owns and operates an 4 star Savera Hotel in Chennai. It also operates a Restaurant cum Pub at Bangalore and Hyderabad. The Company in Jan.`95, tapped the capital market to expand its room capacity (from 125 to 261 rooms) and to add other facilities. Its new conference halls are becoming increasingly popular. Thirty-four guest rooms on the third and fourth floors (a part of the expansion project) are ready for occupation. In 1995, the name of the company changed from Savera Enterprises to Savera Hotel. As a part of diversification, the Company acquired floriculture business, with effect from 21st July 2006, by investing 85% in equity shares of M/s Elkhill Agrotech (P) Ltd, Tamil Nadu. After the farm preparatory works, its commercial operation commenced from May 2007. It commenced 2 Health Studio at Mogappair in 2007-08. It started a hotel in Marathahalli, Bengaluru under the name of `Lotus Park` in 2011. The renovation work at Chennai unit was taken up in 2012.

Savera Industries share price as on 24 Apr 2024 is Rs. 127.65. Over the past 6 months, the Savera Industries share price has increased by 41.83% and in the last one year, it has increased by 112.5%. The 52-week low for Savera Industries share price was Rs. 56 and 52-week high was Rs. 163.9.