Royal Orchid Hotels gains on launching newest property Regenta Place Vasco in Goa
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Royal Orchid Hotels is currently trading at Rs. 400.15, up by 4.85 points or 1.23% from its previous closing of Rs. 395.30 on the BSE.
The scrip opened at Rs. 401.20 and has touched a high and low of Rs. 405.20 and Rs. 397.45 respectively. So far 6118 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 448.10 on 21-Feb-2024 and a 52 week low of Rs. 224.90 on 27-Mar-2023.
Last one week high and low of the scrip stood at Rs. 430.60 and Rs. 382.80 respectively. The current market cap of the company is Rs. 1097.97 crore.
The promoters holding in the company stood at 63.60%, while Institutions and Non-Institutions held 5.00% and 31.41% respectively.
Royal Orchid Hotels has launched its newest property Regenta Place Vasco, marking its strategic expansion into the vibrant market of Goa. Nestled in the enchanting Mormugao peninsula region, amidst the serene beauty of Vasco da Gama, this exquisite property epitomizes Royal Orchid's commitment to preserving historical legacies while venturing into key markets.
Situated against the picturesque backdrop of the renowned Vaddem Lake and surrounded by a natural harbour, Regenta Place Vasco Regenta offers 37 elegantly appointed accommodations equipped with state-of-the-art amenities, seamlessly blending modern luxury with Goan hospitality. Strategically located just 3.2 km from Dabolim International Airport and 1.9 km from Vasco da Gama Railways Station, the hotel caters to both business and leisure travelers, providing easy access to key transportation hubs and tourist attractions.
Royal Orchid Hotels is one of India's fastest-growing hospitality brands.
