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Hotel stocks tumble as earnings mood slumps
Monday, December 01, 2008 www.hindustantimes.com
(
Stock market
)
The terror strikes in two leading hotels of Mumbai found reverberations in the bourses. The share prices of Indian Hotels that runs the Taj chain of hotels fell by 17 per cent on Friday, while East India Hotels' (EIH) fell by 10 per cent during the day before staging a smart recovery to close the day with a gain of 5.2 per cent.
The attack attracted widespread attention from the India Inc and m
Tags :
Mumbai
Taj-Hotel
Fell
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