Eco Hotels & Resorts jumps on expanding into Bengaluru market
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Eco Hotels & Resorts is currently trading at Rs. 28.70, up by 0.81 points or 2.90% from its previous closing of Rs. 27.89 on the BSE.
The scrip opened at Rs. 28.00 and has touched a high and low of Rs. 28.89 and Rs. 27.99 respectively. So far 36336 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 55.18 on 28-May-2024 and a 52 week low of Rs. 24.59 on 12-Jan-2024.
Last one week high and low of the scrip stood at Rs. 30.11 and Rs. 25.00 respectively. The current market cap of the company is Rs. 147.83 crore.
The promoters holding in the company stood at 38.08%, while Institutions and Non-Institutions held 2.43% and 59.49% respectively.
Eco Hotels & Resorts has expanded into the Bengaluru market by opening a 60-room property under the 'EcoExpress' brand. The company is also gearing up to open two properties at Nagpur with 44 rooms and Kota with 63 rooms by the month-end or early February 2025. The company’s Baroda and Aurangabad hotels are undergoing interiors and will become operational soon.
Eco Hotels & Resorts is engaged in the business of building hotels, management and operations of hotels, services which are allied service in hospitality business such as food and beverages, ticket booking, car rentals, tours, etc.
