What’s Cooking at Tulip Star

28 05 2008

Tulip Star Hotels scrip is having a dream run in the last three months. From Rs. 75 the stock has moved to Rs. 253 yesterday. During the last fortnight, this stock has gone up by 61 %. The daily volumes have also gone up from 9441 to 41170 shares. 

 

Tulip Star Hotels Ltd, a hotel management company, is more known for its owner, Ajit Kerkar, erstwhile Chairman of the Indian Hotels Company ( the Taj Group of Hotels). This company bought the Juhu Centaur in Mumbai when the NDA government went for  its divestment. The hotel has been lying closed for over four years now.  Even the Dec’07 results of the company indicate a loss.  

 

Is Tulip Star up for sale?

 

Disclaimer: I have no investment in the company mentioned above.

– G. Mohan.

 

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One response

13 10 2011
Pradeep Nawar

what about left over staff !!!
when will the staff will get there job or there due !!!

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