Powered by: Motilal Oswal
24-12-2024 11:01 AM | Source: Accord Fintech
Royal Orchid Hotels shines on the BSE

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

Royal Orchid Hotels is currently trading at Rs. 354.15, up by 14.25 points or 4.19% from its previous closing of Rs. 339.90 on the BSE.

The scrip opened at Rs. 350.00 and has touched a high and low of Rs. 359.85 and Rs. 346.90 respectively. So far 3938 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. 301.50 on 25-Oct-2024.

Last one week high and low of the scrip stood at Rs. 362.35 and Rs. 336.05 respectively. The current market cap of the company is Rs. 970.30 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 is all set to launch Regenta Evolife Dome City, a unique upscale resort complex to capitalise on the upcoming Mahakumbh 2025 Mela in Prayagraj, previously Allahabad. Strategically located at a close proximity to the activity ground and the main bathing point of Mahakumbh2025, Regenta Evolife Dome City managed by ROHL will be an exclusive 3 months pop-up resort, marking the first of its kind set up in the industry and in India. The upcoming resort is poised to be a preferred choice for international tourists and others seeking luxurious accommodations at the heart of festivities during Mahakumbh-2025.

Set to open on January 15, 2025, Regenta Evolife Dome City will offer diverse accommodation options, including luxurious tents and exclusive domes, catering to individual and group travelers. The unique domes, more of architectural delights will allow guests to indulge in an immersive star gazing experience during nighttime.

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