12 Jul 2025

Kamat Hotels Gains as Company Signs Deal for New Luxury Property in Rishikesh

Kamat Hotels (India) is currently trading at RS. 239.45, up by 2.80 points or 1.18% from its previous closing of RS. 236.65 on the BSE.

The stock opened at RS. 236.15 and recorded a high of RS. 241.00 and a low of RS. 234.55 during the session. A total of 4369 shares have been traded so far.

The BSE group 'B' stock, with a face value of RS. 10, has touched a 52-week high of RS. 353.40 on March 18, 2025, and a 52-week low of RS. 176.00 on October 25, 2024. Over the past week, the stock’s high and low stood at RS. 241.00 and RS. 227.55 respectively. The company’s current market capitalization stands at RS. 709.00 crore.

The promoters hold 57.78% of the company’s shares, while institutions and non-institutions own 4.43% and 37.78%, respectively.

Kamat Hotels has recently signed an agreement for managing and operating its second luxury property in Rishikesh under the brand ‘The Orchid Hotel’. The hotel will offer around 44 elegantly designed rooms along with premium facilities such as a banquet hall, swimming pool, conference room, and a 24-hour all-day dining restaurant. The property is expected to become fully operational by December 2026.

Kamat Hotels (India) is engaged in the hospitality business and operates hotels, resorts, and restaurants across the country.

Kamat Hotels Rises After Signing Deal for Second Orchid Hotel in Rishikesh

Kamat Hotels (India) is trading at RS. 239.45, up by 2.80 points or 1.18% from its previous close of RS. 236.65 on the BSE.

The stock opened at RS. 236.15 and touched an intraday high of RS. 241.00 and a low of RS. 234.55. A total of 4369 shares have changed hands so far.

The BSE group 'B' stock, with a face value of RS. 10, hit a 52-week high of RS. 353.40 on March 18, 2025, and a 52-week low of RS. 176.00 on October 25, 2024. In the past week, the scrip has moved between RS. 241.00 and RS. 227.55. The company’s current market capitalization stands at RS. 709.00 crore.

Promoters hold 57.78% of the company’s shares, while institutions and non-institutions hold 4.43% and 37.78%, respectively.

Kamat Hotels has signed an agreement to manage and operate its second luxury hotel in Rishikesh under the brand ‘The Orchid Hotel’. The upcoming property will feature 44 premium rooms, a banquet hall, swimming pool, conference facilities, and a 24-hour all-day dining restaurant. It is expected to be fully operational by December 2026.

Kamat Hotels (India) continues to expand its footprint in the hospitality sector, with a portfolio of hotels, resorts, and restaurants across the country.