Royal Orchid Hotels gains on launching new property in Shimla
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Royal Orchid Hotels is currently trading at Rs. 302.80, up by 4.15 points or 1.39% from its previous closing of Rs. 298.65 on the BSE.
The scrip opened at Rs. 295.00 and has touched a high and low of Rs. 302.95 and Rs. 295.00 respectively. So far 3346 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 384.75 on 25-May-2023 and a 52 week low of Rs. 187.05 on 16-Aug-2022.
Last one week high and low of the scrip stood at Rs. 310.00 and Rs. 293.10 respectively. The current market cap of the company is Rs. 825.36 crore.
The promoters holding in the company stood at 63.60%, while Institutions and Non-Institutions held 4.65% and 31.75% respectively.
Royal Orchid & Regenta Hotels, India's fastest-growing hospitality chain by Royal Orchid Hotels, has launched a new property in the picturesque hill station of Shimla, Shogi. The ‘Regenta Resort MARS Valley View Shoghi’ is a stunning establishment featuring a total of 44 exquistely designed rooms, inviting guests to indulge in the perfect blend of luxury and natural splendor. With this expansion, Royal Orchid & Regenta Hotels further solidify its position as a premier hospitality chain in Shimla, establishing its fourth property in the region.
Royal Orchid Hotels is one of India's fastest-growing hospitality brands.
