Royal Orchid Hotels rises on signing new property in Uttarakhand
Royal Orchid Hotels is currently trading at Rs. 388.35, up by 4.40 points or 1.15% from its previous closing of Rs. 383.95 on the BSE.
The scrip opened at Rs. 377.05 and has touched a high and low of Rs. 388.90 and Rs. 377.05 respectively. So far 83 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 428.50 on 24-Mar-2025 and a 52 week low of Rs. 301.50 on 25-Oct-2024.
Last one week high and low of the scrip stood at Rs. 400.75 and Rs. 385.20 respectively. The current market cap of the company is Rs. 1052.99 crore.
The promoters holding in the company stood at 63.70%, while Institutions and Non-Institutions held 8.03% and 28.27% respectively.
Royal Orchid Hotels (ROHL) has signed new upscale lifestyle property in Mussoorie in Uttarakhand. Specifically designed to elevate the wedding and experiential tourism landscape of the region, the property is poised to offer an immersive experience to the visitors in lap of nature. With the addition of the new hotel, ROHL's footprint in Uttarakhand region will increase to 6 hotels.
Nestled among 7 acres with views across the Doon valley, this 70-key hotel will feature luxurious suites, multiple food & beverage option and various zones for weddings, conferences, and social gatherings both indoors and in its expansive lawns. The hotel will feature a functional wellness facility as well with swimming pools, spa areas and alternative therapy zones.
Royal Orchid Hotels is one of India's fastest-growing hospitality brands.
