Royal Orchid Hotels rises on opening Regenta Central in Puri
Royal Orchid Hotels is currently trading at Rs. 404.45, up by 1.60 points or 0.40% from its previous closing of Rs. 402.85 on the BSE.
The scrip opened at Rs. 375.05 and has touched a high and low of Rs. 405.25 and Rs. 375.05 respectively. So far 2916 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. 260.15 on 17-Apr-2023.
Last one week high and low of the scrip stood at Rs. 435.35 and Rs. 375.05 respectively. The current market cap of the company is Rs. 1088.37 crore.
The promoters holding in the company stood at 63.60%, while Institutions and Non-Institutions held 6.73% and 29.68% respectively.
Royal Orchid Hotels (ROHL) has opened Regenta Central in the coastal city of Puri, Odisha. ROHLs maiden property in the state, and the 4th in East India, Regenta Central in Puri is poised to become the preferred abode for tourists visiting the city for spiritual, wellness or cultural tourism from across the country. The newest addition to ROHL’s portfolio is located a proximity of 50 meters from the Golden Beach and provides the perfect setting for guests to immerse themselves in the rich heritage of Odisha.
The hotel features 55 elegantly designed rooms across four distinct categories, each with balconies or sit-outs offering a pleasant sea view. The hotel is conveniently located 5 kilometers from Puri Railway Station and the renowned Lord Jagannatha Temple, locally known as Srikhetram which stands as a symbol of spirituality in Puri, thereby offering a true holistic experience to its guests visiting the city.
Royal Orchid Hotels is one of India's fastest-growing hospitality brands.