Not TaMo, IHC or Titan: This small-cap Tata group hotel stock surged over 100% in one year

Out of 28 Tata group stocks, hotel stocks that include Indian Hotels Company ((IHC) and Oriental Hotels have given stellar return to its shareholders in last one year. However, the show stopper among the Tata group hospitality stocks is a small-cap stock that has a market cap of little over ₹500 crore. The Tata group hotel stock we are talking is Benares Hotels Ltd. In last one year, Benares Hotels share price has appreciated from around ₹1,918 to ₹3,890 apiece levels, delivering more than 100 per cent return to its shareholders in this time, generating alpha return against major Tata group stocks like Tata Consultancy Services (TCS), Tata Motors (TaMo), Titan Company, Tata Steel, Tata communications, Tejas Networks etc.

Benares Hotels share price history

In last one month, Benares Hotels share price has ascended from around ₹3,630 per share levels to ₹3,885 apiece levels, logging more than 7 per cent rise in this time. In last six months, this Tata group hotel stock has risen from near ₹3,020 to ₹3,885 per share levels, appreciating to the tune of 30 per cent in this time horizon. Likewise, in year-to-date (YTD) time, this small-cap stock has surged from ₹3,000 apiece to ₹3,885 levels, delivering around 45 per cent return to its positional investors. Similarly, in last one year, this Tata group small-cap hotel stock has surged from ₹1,920 to ₹3,885 per share levels, doubling shareholders' money in this time. So, Benares Hotels shares are one of the multibagger stocks that Indian stock market has produced in last one year. This Tata group share has given stellar return in post-Covid rebound as Benares Hotels share price surged from around ₹28.50 to ₹3,885 per share levels in last three years, delivering around 13,500 per cent return in last three years.

As said earlier, this lesser known small-cap Tata group stock has generated better than other Tata group's cash cows. For example, in last one year, Tata Motors share price has ascended little over 25 per cent, TCS share price has delivered zero return in this time, Tata Steel share price remained almost unchanged in this time, Indian Hotels share price has risen around 70 per cent in last one year, Oriental Hotels share price has ascended to the tune of over 50 per cent in last one year, Titan share price has risen around 30 per cent in last 12 months whereas Tata Power share price has shed over 6 per cent in this time.

Benares Hotels shares are listed on BSE and it has a market cap of ₹505 crore. Its current trade volume is only 317, which means the stock is a low liqid stock and a single trigger may lead to high volatility in the stock. Its 52-week high is ₹3,980 apiece whereas its 552-week low is ₹1,600 per share.

Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.