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Royal Orchid Hotels shines on opening Regenta Suites in Gurugram

03 Mar 2022 Evaluate

Royal Orchid Hotels is currently trading at Rs. 96.40, up by 2.90 points or 3.10% from its previous closing of Rs. 93.50 on the BSE.

The scrip opened at Rs. 95.90 and has touched a high and low of Rs. 98.10 and Rs. 93.60 respectively. So far 7427 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 113.40 on 27-Sep-2021 and a 52 week low of Rs. 57.25 on 19-Apr-2021.

Last one week high and low of the scrip stood at Rs. 98.10 and Rs. 92.25 respectively. The current market cap of the company is Rs. 267.26 crore.

The promoters holding in the company stood at 67.73%, while Institutions and Non-Institutions held 4.97% and 27.29% respectively.

Royal Orchid Hotels has opened Regenta Suites in Gurugram- just 24 kms from Indira Gandhi International Airport. The newly launched hotel is located in the heart of Gurugram’s new IT & ancillary district- Sohna Road. Adjacent to Element One Mall and offering easy accessibility to the business district, city centre and other entertainment hubs, the hotel is predicted to feed a strong demand pipeline originating from business visitors, people on vacation and inveterate shoppers.

Royal Orchid Hotels is one of India's fastest-growing hospitality brands.


Peers
Company Name CMP
The Indian Hotels Co 724.00
ITC Hotels 161.40
Mahindra Holi.&Resor 199.00
EIH 293.45
Chalet Hotels 888.40
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