Royal Orchid Hotels is currently trading at Rs 22.50, up by 0.15 points or 0.67% from its previous closing of Rs 22.35 on the BSE.
The scrip opened at Rs 23.00 and has touched a high and low of Rs 23.55 and Rs 22.35 respectively. So far 1155 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 53.00 on 27-Sep-2012 and a 52 week low of Rs 17.00 on 20-Aug-2013.
Last one week high and low of the scrip stood at Rs 23.20 and Rs 21.40 respectively. The current market cap of the company is Rs 61.28 crore.
The promoters holding in the company stood at 70.06% while Institutions and Non-Institutions held 8.83% and 21.11% respectively.
Royal Orchid Hotels has reportedly inaugurated new hotel ‘Regenta Central’ at Harimangla, Bharuch in state of Gujarat. The hotel located close to the railway station and Vadodara airport is expected to cater to the business and leisure traveler.
The hotel is equipped with conference facilities, two boardrooms that can take up to 60 people and two pillar-less conference halls that can take up to 1,000 people. The large sprawling lawn of about 12,000 square feet area can take up to 1,000 people, making it ideal for wedding dinners, exhibitions and conferences.
Royal Orchid Hotels is the flagship of the entity of Royal Orchid Group of Hotels, which presently operates 23 business and leisure hotels in 15 popular destinations. Presently, Royal Orchid Hotels is among India’s fastest growing hospitality chains.
