Royal Orchid Hotels trades higher on expanding presence in Chhattisgarh with new hotel
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Royal Orchid Hotels is currently trading at Rs. 334.20, up by 1.10 points or 0.33% from its previous closing of Rs. 333.10 on the BSE.
The scrip opened at Rs. 333.00 and has touched a high and low of Rs. 337.30 and Rs. 330.70 respectively. So far 1485 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. 301.00 on 25-Oct-2024.
Last one week high and low of the scrip stood at Rs. 339.30 and Rs. 316.35 respectively. The current market cap of the company is Rs. 906.95 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 expanded in state of Chhattisgarh with the addition of Regenta Inn, Downtown Raipur. With its utilitarian layout, smart use of technology, and minimalist Indo-Western decor, the Regenta Inn, Downtown Raipur aims to attract a diverse range of guests including young, daring adventurers who value experiences over luxury. Authentic, local essence and experiences are the property's forte, and it promises to cater to value-driven, budget-conscious guests without breaking the bank.
There are a total of 31 rooms available at the Regenta Inn Raipur, so every guest may relax during their stay. Regenta Inn is ideally situated for exploring the rich cultural heritage of Chhattisgarh, known for its stunning temples and beautiful waterfalls. With proximity to the railway station, which is just 200 meters away from Regenta Inn, the property is also conveniently located only 15.5 km from the airport.
Royal Orchid Hotels is one of India's fastest-growing hospitality brands.
