Kamat Hotels (India) is currently trading at Rs. 215.70, marking an increase of 4.15 points or 1.96% from its previous close of Rs. 211.55 on the BSE.

The stock began trading at Rs. 207.00 and has reached a high of Rs. 220.80 and a low of Rs. 200.00 so far. A total of 5,237 shares have exchanged hands in this session.

This BSE Group 'B' stock with a face value of Rs. 10 hit its 52-week high of Rs. 374.50 on January 23, 2024, and a 52-week low of Rs. 176.00 on October 25, 2024. Over the past week, its highest and lowest prices were Rs. 222.70 and Rs. 200.00, respectively. The company's market capitalization stands at Rs. 640.01 crore.

Promoters hold a 57.78% stake in Kamat Hotels, with institutions holding 4.54% and non-institutional investors holding 37.68%.

Kamat Hotels has inaugurated its new property, The IRA by Orchid, in Noida, Uttar Pradesh. Situated in the city center, IRA by Orchid offers world-class hospitality with easy access to prominent city attractions like ISKCON Temple, Jagannath Temple, and the Okhla Bird Sanctuary, as well as popular shopping hubs such as DLF Mall.

Spanning 30,000 square feet, this new hotel features 34 rooms, three spacious banquet halls covering over 3,000 square feet, and two dining venues: Makeba and Mostly Grills Rooftop, with a combined seating capacity of over 120 guests. Initially, the hotel has opened with 34 rooms across Deluxe, Executive, and Premium categories, with plans to expand to 68 rooms in future phases.