Royal Orchid Hotels trades in green on the BSE

19 Jul 2019

Royal Orchid Hotels is currently trading at Rs. 82.05, up by 0.20 points or 0.24% from its previous closing of Rs. 81.85 on the BSE.

The scrip opened at Rs. 82.90 and has touched a high and low of Rs. 82.90 and Rs. 80.25 respectively. So far 1449 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 178.85 on 27-Jul-2018 and a 52 week low of Rs. 79.45 on 18-Jul-2019.

Last one week high and low of the scrip stood at Rs. 92.90 and Rs. 79.45 respectively. The current market cap of the company is Rs. 222.14 crore.

The promoters holding in the company stood at 69.26%, while Institutions and Non-Institutions held 7.76% and 22.98% respectively.

Royal Orchid Hotels has signed up three new properties at North Goa, Noida (Uttar Pradesh) and Belagavi (Karnataka). All three properties are scheduled to open within the next 2 months. 

Of the three new openings, two properties (in Goa and Noida) will be positioned under the Regenta Central brand, while the one in Belagavi will be positioned as a Regenta Resort.

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

Related Royal Orchid Hotels Ltd. Links:

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323