Sitharaman said tourism will be promoted on mission mode with the help of states as well as public-private partnership
The company, part of the Taj Group of Hotels, has reported standalone profit at Rs 7.14 crore during corresponding quarter of previous year.
ICICI Direct recommended hold rating on Oriental Hotels with a target price of Rs 80 in its research report dated April 19, 2022.
ICICI Direct is bullish on Oriental Hotels recommended buy rating on the stock with a target price of Rs 73 in its research report dated January 18, 2022.
Business was expected to gradually improve across all hotels with the gradual ease in restrictions along with limited food and beverage and ancillary operations.