Royal Orchid Hotels soars on the BSE
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Royal Orchid Hotels is currently trading at Rs. 367.50, up by 9.00 points or 2.51% from its previous closing of Rs. 358.50 on the BSE.
The scrip opened at Rs. 360.20 and has touched a high and low of Rs. 373.15 and Rs. 353.15 respectively. So far 1798 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. 392.90 and Rs. 346.45 respectively. The current market cap of the company is Rs. 1022.00 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 has signed new property in Khatoo (Sikar) Rajasthan, home to one of the most visited temples in India - Shree Khatu Shyam ji Temple. Anantam Hotel & Resort, the new hotel that will carry on the company’s legacy of modern and innovative hospitality, will serve the countless tourists that flock to the sacred land and landmark temple every year.
Located in the canter of the town, Anantam Hotel & Resort offers convenient access to the region's most popular attractions, such as the revered Shree Khatu Shyamji Mandir, which is a mere 2 km from the property. The 120-key hotel will offer 14 exceptional suites, a swimming pool, and customizable meeting and banqueting spaces spanning 7000 square feet with 25000 Sq Ft lush green lawn.
Anantam Hotel & Resort is expected to open its door in the first week of February 2025.
Royal Orchid Hotels is one of India's fastest-growing hospitality brands.
