Royal Orchid Hotels, Kamat Hotels: Hotel stocks can rally up to 20%

Select hotel stocks may rise up to 20 per cent in coming sessions, as per the technical charts

Avdhut Bagkar Mumbai
hotel booking online, oyo, makemytrip, goibibo
Web Exclusive Premium

Hotel stocks are displaying a strong reversal

Listen to This Article

Hotel stocks to be remain in limelight after Royal Orchid Hotels hits a new historic peak on Friday. Since the previous session, leading hotel stocks were on a stellar run, with Kamat Hotels India reaching a fresh 52-week high.
Similarly, shares of Indian Hotels Co. and Asian Hotels (North) seem to be on track to claim their respective new territories. Speciality Restaurants aims to reach new all-time high after witnessing smart accumulation in recent sessions. 
Most of the hotel stocks closed in green on Thursday and are continuing to trade in positive trajectory on Friday, with renowned shares like Mahindra Holidays & Resorts India and Speciality Restaurants surging over 2 per cent each.

Also Read

IHC, Mahindra Holidays: Time to check-in hotel stocks this holiday season?

Hotel stocks in demand: Lemon Tree, Oriental, Kamat Hotels surge up to 10%

Market regulator Sebi slaps show-cause notice on Royal Orchid Hotels

Is Nifty Bank forming a short-term bottom and ready to breakout over 42K?

Manappuram, MGL: Select small-cap stocks are poised for bigger upside

Voda Idea soars 10% as Kumar Mangalam Birla rejoins board after two years

Cyient surges 9%, hits 52-week high on strong Q4 results

HCL Technologies gains 3% post March quarter results

Stocks to Watch: HCLTech, Cyient, Siemens, RIL, Suven Pharma, Voda Idea

Stock Market LIVE: Sensex, Nifty listless; RIL flat ahead of Q4 results

Indian Hotels Co

  • 1D
  • 5D
  • 1M
  • 3M
  • 6M
  • 5Y
  • MAX

First Published: Apr 21 2023 | 11:57 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers. Already a BS Premium subscriber?LOGIN NOW

Register to