Apeejay Surrendra Park Hotels is trading at RS 152.30, up by 0.25 points or 0.16% from its previous close of RS 152.05 on the BSE.
The stock opened at RS 151.20 and touched a high of RS 153.05 and a low of RS 151.20 during the session. Total traded volume so far stands at 8,548 shares.
The BSE group 'B' stock, with a face value of RS 1, has recorded a 52-week high of RS 208.40 (03-Jan-2025) and a 52-week low of RS 128.75 (07-Apr-2025). Over the past week, it moved between a high of RS 160.70 and a low of RS 150.50. The company’s current market capitalization is RS 3,227.29 crore.
Promoter holding stands at 68.14%, while institutional and non-institutional investors hold 14.60% and 17.25% respectively.
The company has entered into a Share Purchase Agreement to acquire a 90% stake (with an option to acquire the remaining 10% later) in Zillion Hotels and Resorts from the Handa and Nair family shareholders. The acquisition, costing RS 206.55 crore, is expected to be completed within 18–20 months, after which Zillion Hotels and Resorts will become a subsidiary.
Zillion Hotels and Resorts owns and operates Z Luxury Residences, comprising 62 serviced residences and food & beverage facilities. Apeejay Surrendra Park Hotels continues to operate its hospitality brands—THE PARK, THE PARK Collection, Zone by The Park, Zone Connect by The Park, and Stop by Zone.