04-11-2024 03:01 PM | Source: Accord Fintech
Royal Orchid Hotels moves up on expanding presence in Madhya Pradesh with new hotel

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Royal Orchid Hotels is currently trading at Rs. 324.05, up by 1.10 points or 0.34% from its previous closing of Rs. 322.95 on the BSE.

The scrip opened at Rs. 311.65 and has touched a high and low of Rs. 327.05 and Rs. 311.65 respectively. So far 4412 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. 280.50 on 09-Nov-2023.

Last one week high and low of the scrip stood at Rs. 331.35 and Rs. 304.75 respectively. The current market cap of the company is Rs. 888.71 crore.

The promoters holding in the company stood at 63.65%, while Institutions and Non-Institutions held 7.35% and 29.00% respectively.

Royal Orchid Hotels (ROHL) has inaugurated its maiden property, ‘Regenta Place Gwalior’, in the cosmopolitan city, and 3rd property in Madhya Pradesh, expanding presence in central India. Poised to become a preferred tourist accommodation, the value-priced hotel is conveniently located 7 kms from the bus stand and railway station, 20 kms from Rajmata Vijaya Raje Scindia Air Terminal (Gwalior Airport) for the requirements of both corporate & leisure travellers.

With 39 spacious and professionally designed rooms across segments like premium room (320 sq. ft), executive room (275 sq. ft), and deluxe room (250 sq. ft), the hotel offers modern amenities and comfort with an exquisite hospitality experience. The hotel rooms also feature a stunning view of the popular Gwalior fort, adding to the experience with a touch of luxury. To further enhance the experience, the guests can enjoy a variety of delicious cuisines at ROHL’s signature all-day dining restaurant- Pinxx, and relax and rejuvenate with exotic cocktails and mocktails by the pool side at Sky & Beyond Pool Side Bar Lounge with staggering views of the vibrant city.

Royal Orchid Hotels is one of India's fastest-growing hospitality brands.