Praveg shines on commencing operations at Praveg Atoll's Lakshadweep on Thinnakara Island
Praveg is currently trading at Rs. 226.65, up by 6.20 points or 2.81% from its previous closing of Rs. 220.45 on the BSE.
The scrip opened at Rs. 220.45 and has touched a high and low of Rs. 231.40 and Rs. 218.75 respectively. So far 3677 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 361.80 on 17-Dec-2025 and a 52 week low of Rs. 175.00 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 239.65 and Rs. 214.00 respectively. The current market cap of the company is Rs. 592.48 crore.
The promoters holding in the company stood at 46.18%, while Institutions and Non-Institutions held 5.62% and 48.20% respectively.
Praveg has commenced operations at Praveg Atoll’s Lakshadweep, located on the picturesque Thinnakara Island, Lakshadweep, from October 21, 2026. This launch plays a key role in the company’s journey to develop distinctive hospitality destinations and strengthen its presence in India’s experiential tourism sector.
Thinnakara Island is renowned for its pristine white-sand beaches, crystal-clear turquoise waters, tranquil lagoons and captivating tropical landscape. Surrounded by the natural beauty of the Lakshadweep archipelago and its rich marine environment, the island offers an exceptional setting for travellers seeking relaxation, nature-based experiences and immersive island holidays.
Praveg Atoll’s Lakshadweep is designed to complement this distinctive natural setting by bringing together comfortable accommodation, leisure, recreation and hospitality services, enabling guests to experience the island’s scenic beauty while enjoying a range of modern amenities. The resort features 100 uniquely designed accommodations, comprising 85 cocoon-shaped rooms and 15 shell-shaped rooms, nestled amidst coconut trees and the island’s tropical surroundings. The distinctive architecture and natural setting aim to offer guests a memorable stay that combines comfort with a close connection to nature.
