Royal Orchid Hotels trades higher on the BSE
Royal Orchid Hotels is currently trading at Rs. 414.85, up by 1.85 points or 0.45% from its previous closing of Rs. 413.00 on the BSE.
The scrip opened at Rs. 412.45 and has touched a high and low of Rs. 418.20 and Rs. 406.55 respectively. So far 3815 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 435.35 on 08-Apr-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. 419.70 and Rs. 387.00 respectively. The current market cap of the company is Rs. 1137.74 crore.
The promoters holding in the company stood at 63.65%, while Institutions and Non-Institutions held 7.38% and 28.97% respectively.
Royal Orchid Hotels has signed agreement with Karnataka State Tourism Development Corporation (KSTDC) for renewal of land lease deed of hotel royal orchid, Bengaluru for a period of 29 years and 6 months.
Royal Orchid Hotels is one of India's fastest-growing hospitality brands.
