JUNIPER

Juniper Hotels Ltd JUNI.NS:

• JUNIPER HOTELS LTD - EXECUTES SHARE PURCHASE AGREEMENT WITH JENIPRO

• JUNIPER HOTELS - SHARE PURCHASE AGREEMENT FOR ACQUISITION OF SHARES OF JENIPRO HOTELS

• JUNIPER HOTELS LTD - ACQUISITION TO DEVELOP 5 STAR HOTEL ON KAZIRANGA LAND

Source text: ID:nBSE6z0jBq

Further company coverage: JUNI.NS

** Events such as religious festival Maha Kumbh Mela and Coldplay concerts, scheduled to be held between Jan.-Feb. 2025, will drive growth for Indian hotels in Q4, Elara Capital says

** Taj Ganges owned by Indian Hotel's IHTL.NS unit Benares Hotels BNRS.BO to benefit from Kumbh Festival in Prayagraj; Juniper Hotels JUNI.NS and others to benefit from Coldplay concerts in Mumbai and Ahmedabad - brokerage

** Says hotels sector witnessed good growth in Q3, led by high occupancy and double-digit growth in average room rate (ARR)

** Brokerage's top picks include Chalet Hotels CHAL.NS, JUNI, IHTL

** CHAL, JUNI, IHTL, and BNRS up 3.8%, 0.6%, 0.07%, and 0.6%, respectively

(Reporting by Aleef Jahan in Bengaluru)

(([email protected]))

** Axis Capital initiates coverage on Chalet Hotels CHAL.NS, Juniper Hotels JUNI.NS, The Indian Hotels Co IHTL.NS with 'buy', and Lemon Tree Hotels LEMO.NS with 'add'

CHALET HOTELS AND JUNIPER HOTELS

** Brokerage sees revenue and occupancy at CHAL and JUNI benefiting from premium brand affiliations (CHAL-Mariott; JUNI-Hyatt)

** CHAL and JUNI's assets all located near business centers and airports, targeting business travellers - brokerage

INDIAN HOTELS CO AND LEMON TREE HOTELS

** IHTL, which operates the iconic Taj Brand, and LEMO to benefit from premiumization

** Both IHTL and LEMO plan to increase the share of managed hotels in their portfolios, as part of an asset-light model strategy, a plus for management fee growth and profit margins - brokerage

** On the day, CHAL up 5.27% to 976 rupees ($11.50), LEMO up 1.56% to 145 rupees, while JUNI down 1.02% to 358.6 rupees and IHTL flat

($1 = 84.8625 Indian rupees)

(Reporting by Ananta Agarwal in Bengaluru)

(([email protected]))

** Shares of luxury hotels operator Juniper Hotels JUNI.NS rise 3.5% to 384.30 rupees, set for fourth straight gaining session

** CLSA initiates coverage with 'outperform' and TP at 430 rupees, which is 16% premium to prev close

** It is the second brokerage to start coverage on JUNI after Elara Securities' "buy" in March - LSEG

** CLSA sees healthy growth in JUNI's EBITDA in next 3 years from improvement in occupancy and average revenue per room at Grand Hyatt Mumbai and continued strong average revenue per room in Andaz Hotel, Delhi

** Hoteliers like JUNI well-positioned to benefit from India's growing hospitality sector - CLSA

** Juniper Hotels operates 2,115 rooms across 8 hotels, most of which are Hyatt-affiliated

** Stock up ~5% since listing in February

(Reporting by Vijay Malkar)

(([email protected];))

Nov 11 (Reuters) - Juniper Hotels Ltd JUNI.NS:

• JUNIPER HOTELS SEPT-QUARTER CONSOL NET LOSS 278.2 MILLION RUPEES

• JUNIPER HOTELS SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 2.15 BILLION RUPEES

Source text: ID:nNSE5YQb3q

Further company coverage: JUNI.NS

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Oct 7 (Reuters) - Juniper Hotels Ltd JUNI.NS:

• JUNIPER HOTELS - ENTERED INTO SECURED TERM LOAN AGREEMENT FOR 2.8 BILLION RUPEES WITH ICICI BANK

Further company coverage: JUNI.NS

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Aug 30 (Reuters) - Juniper Hotels Ltd JUNI.NS:

• JUNIPER HOTELS LTD - TO ENTER INTO AGREEMENT TO ACQUIRE 220-ROOM HOTEL ASSET NEAR BENGALURU AIRPORT

Source text for Eikon: ID:nBSE8nWXHX

Further company coverage: JUNI.NS

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Aug 12 (Reuters) - Juniper Hotels Ltd JUNI.NS:

• JUNIPER HOTELS JUNE-QUARTER CONSOL NET PROFIT 116.7 MILLION RUPEES

• JUNIPER HOTELS JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 2 BILLION RUPEES

Source text for Eikon: ID:nBSE34Yvhh

Further company coverage: JUNI.NS

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May 8 (Reuters) - ICICI Bank Ltd ICBK.NS:

• JUNIPER HOTELS - ENTERED INTO SECURED TERM LOAN AND WORKING CAPITAL FACILITY AGREEMENT FOR 4.91 BILLION RUPEES WITH ICICI BANK

• JUNIPER HOTELS - AGREEMENT INCLUDES 4.16 BILLION RUPEES FOR REFINANCING EXISTING LOAN FROM JP SECURITIES ASIA

• JUNIPER HOTELS LTD - REMAINING AMOUNT WILL BE USED FOR GENERAL WORKING CAPITAL REQUIREMENTS

Source text for Eikon: ID:nNSE3nhgQt

Further company coverage: ICBK.NS

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Juniper Hotels Ltd JUNI.NS:

• JUNIPER HOTELS - APPROVED REFINANCING OF EXISTING LOAN OF 4.16 BILLION RUPEES

• JUNIPER HOTELS - APPROVED ADDITIONAL WORKING CAPITAL LIMITS OF 750 MILLION RUPEES

Source text for Eikon: ID:nBSE4NB27G

Further company coverage: JUNI.NS

** Shares of Juniper Hotels JUNI.NS up 11.5% at 401.50 rupees in debut trade vs IPO price of 360 rupees

** JUNI debuts at 1.4% premium of 365 rupees, has stayed above IPO price so far in session

** "Flat debut aligns with expectations as seen by muted investor enthusiasm and a lack of significant gray market premium" --Shivani Nyati, head of wealth at Swastika Investmart

** At session high, luxury hotel developer valued at 89.33 bln rupees ($1.08 bln)

** IPO comprised new shares issue worth up to 18 bln rupees was oversubscribed 2.08x last week

($1 = 82.9100 Indian rupees)

(Reporting by Rama Venkat in Bengaluru)

(([email protected]; https://twitter.com/ramavenkat0607;))

** Juniper Hotels' IPO oversubscribed 1.02 times by afternoon on final day of bids

** Investors bid for over 29.6 mln shares of luxury hotel developer vs 28.9 mln on offer - exchange data

** IPO has fresh issue of shares worth up to 18 bln rupees ($217.2 mln), with price band set at 342–360 rupees

** Investor interest has so far fetched bids worth 10.68 bln rupees at top-end of price range, way behind IPO size

** Juniper Hotels, a partnership between U.S.-based Hyatt Hotels H.N and India's Saraf Hotels, set to list on Feb. 28

** Loss for six months ended Sept. 30 widened to 265 mln rupees from 175.1 mln rupees despite revenue increasing 14.2%

** JM Financial, ICICI Securities among bookrunning lead managers

($1 = 82.8630 Indian rupees)

(Reporting by Rama Venkat in Bengaluru)

(([email protected]; https://twitter.com/ramavenkat0607;))