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Kamat Hotels set to open a new property in Ayodhya, 5% increase in stock price

Thursday, January 11, 2024

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Kamat Hotels

On Thursday, Kamat Hotels, a chain of luxury hotels and hospitality based in India, touched an upper circuit of 5 per cent in morning deals on BSE after a Zee Business report mentioned that KHIL, alternatively known as, is attaining major boost from Ayodhya’s developing tourism and is all set to launch a new hotel anytime soon.


Today, this famous hotel chain’s stock was trading higher by 5 per cent, or Rs 13.65, at Rs 286.90 at 10:13 am. The hotel and hospitality company would grab major profit because of this increased tourism in Ayodhya followed by the opening of Ram Mandir, said Zee Business today.


As the hotel company in Ayodhya is gearing up to launch a 50-room hotel is planning to launch two additional hotels in the birthplace of Rama. It has the plan of introducing a total of three hotels in this City of Uttar Pradesh.


Ram Mandir in Ayodhya has been planned to be inaugurated on January 22nd, 2024.

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