MoneyWorks4Me

Royal Bank of Scotland buys 9.28 lakh shares of Royal Orchid

20 Sep 2017 Evaluate

The Royal Bank of Scotland Plc as Trustee of Jupiter India Fund has bought 9.28 lakh shares of Royal Orchid at Rs 126.43. However, Ashish Ramchandra Kacholia has offloaded 8.37 lakh shares of the company at Rs 125.16 on the BSE on September 19, 2017.

Royal Orchid Hotels is one aof India’s fastest growing hotel chains. It primarily operates 5 and 4 star hotels, enabling it to target the discerning business and leisure traveller.

Peers
Company Name CMP
The Indian Hotels Co 723.05
ITC Hotels 161.55
Mahindra Holi.&Resor 200.75
EIH 293.55
Chalet Hotels 894.25
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