Hotel Leela Venture will hold a meeting of the Board of Directors of the Company on 14 August 2017.

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Hotel Leela Venture announced that the 36th Annual General Meeting(AGM) of the company on 18 September 2017.

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Meanwhile, the S&P BSE Sensex was down 132.63 points, or 0.42% to 31,176.86.

On the BSE, 1.22 lakh shares were traded in the counter so far, compared with average daily volumes of 2.86 lakh shares in the past one quarter. The stock had hit a high of Rs 25.15 and a low of Rs 24.20 so far during the day. The stock hit a 52-week high of Rs 27.25 on 10 May 2017. The stock hit a 52-week low of Rs 15 on 25 November 2016.

The stock had outperformed the market over the past one month till 5 June 2017, rising 25.75% compared with 4.86% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 49.70% as against Sensex's 7.97% rise. The scrip had also outperformed the market in past one year, rising 41.69% as against Sensex's 16.92% rise.

The small-cap company has equity capital of Rs 93.32 crore. Face value per share is Rs 2.

Shares of Hotel Leelaventure rose 11.78% in two trading sessions to settle at Rs 25.15 yesterday, 5 June 2017, from its close of Rs 22.50 on 1 June 2017.

The recent rally in Hotel Leelaventure was triggered by the company confirming that it is in talks to sell the Leela Palace Chennai. The company issued clarification during market hours on Friday, 2 June 2017. Shares of Hotel Leelaventure rose 2.67% to settle at Rs 23.10 on that day.

Hotel Leelaventure added that, however, no binding agreement has been signed with any party as on date. The company issued the clarification after media reports indicated that Marigold Capital and Investments is likely to buy Leela Groups' 326-room hotel in Chennai.

Marigold Capital and Investment is an American private equity fund and is looking to buy the hotel for around Rs 700 crore, reports said. Marigold Capital and Investments specialises in acquiring debt-ridden hotels and commercial real estate properties and turning them into profitable businesses.

Hotel Leelaventure reported net profit of Rs 13.42 in Q4 March 2017 compared with net loss of Rs 228.87 crore in Q4 March 2016. Net sales rose 2.3% to Rs 198.35 crore in Q4 March 2017 over Q4 March 2016.

Hotel Leelaventure is a leading Indian luxury hospitality group founded in 1986.

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The company issued clarification during market hours on Friday, 2 June 2017. Shares of Hotel Leelaventure rose 2.67% to settle at Rs 23.10 on that day. The stock has risen 12% in two trading sessions from its close of Rs 22.50 on Thursday, 1 June 2017.

Meanwhile, the S&P BSE Sensex was up 28.54 points, or 0.09% to 31,301.83.

On the BSE, 5.09 lakh shares were traded in the counter so far, compared with average daily volumes of 2.78 lakh shares in the past one quarter. The stock had hit a high of Rs 25.85 and a low of Rs 22.75 so far during the day. The stock hit a 52-week high of Rs 27.25 on 10 May 2017. The stock hit a 52-week low of Rs 15 on 25 November 2016.

The stock had outperformed the market over the past one month till 2 June 2017, rising 11.59% compared with 3.81% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 46.20% as against Sensex's 8.47% rise. The scrip had also outperformed the market in past one year, rising 34.69% as against Sensex's 16.50% rise.

The small-cap company has equity capital of Rs 93.32 crore. Face value per share is Rs 2.

Hotel Leelaventure added that, however, no binding agreement has been signed with any party as on date. The company issued the clarification after media reports indicated that Marigold Capital and Investments is likely to buy Leela Groups' 326-room hotel in Chennai.

Marigold Capital and Investment is an American private equity fund and is looking to buy the hotel for around Rs 700 crore, reports said. Marigold Capital and Investments specialises in acquiring debt-ridden hotels and commercial real estate properties and turning them into profitable businesses.

Hotel Leelaventure reported net profit of Rs 13.42 in Q4 March 2017 compared with net loss of Rs 228.87 crore in Q4 March 2016. Net sales rose 2.3% to Rs 198.35 crore in Q4 March 2017 over Q4 March 2016.

Hotel Leelaventure is a leading Indian luxury hospitality group founded in 1986.

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