Royal Orchid Hotels rises on launching `Regenta Place The Emerald` in Juhu
Royal Orchid Hotels is currently trading at Rs. 320.70, up by 1.65 points or 0.52% from its previous closing of Rs. 319.05 on the BSE.
The scrip opened at Rs. 315.05 and has touched a high and low of Rs. 323.10 and Rs. 315.05 respectively. So far 3020 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. 141.15 on 14-Jul-2022.
Last one week high and low of the scrip stood at Rs. 329.35 and Rs. 315.05 respectively. The current market cap of the company is Rs. 879.39 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 its 68 rooms boutique property ‘Regenta Place The Emerald’ in Juhu. The Hospitality brand manages an extensive portfolio of over 90 properties across the country. ‘Regenta Place The Emerald’, Juhu is strategically located at the Tara Juhu road making it an ideal choice for both leisure and business travelers.
The launch of ‘Regenta Place The Emerald’ in Mumbai is in sync with its continued vision of strengthening presence in key domestic markets. Maharashtra has always remained a critical market in terms of tourism and business potential and it is delighted to be able to expand its footprints in Mumbai, the financial center of state Maharashtra.
Royal Orchid Hotels is one of India's fastest-growing hospitality brands.
