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

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

Most hotel stocks have been on the rise, especially since beginning of current fiscal, as analysts expect better Q4 results and strong outlook for FY24. Shares such as Royal Orchid Hotels and Benares Hotels have registered their all-time highs recently while some of them including Kamat Hotels have…

Hotel stocks gather steam as analysts see better days ahead

Going forward, analysts expect FY24 to stay strong for the sector supported by full resumption of the economy, India’s G20 presidency in 2023, ICC Men’s world cup and easing of E-visa rules.

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

Kamat Hotels Consolidated December 2022 Net Sales at Rs 83.81 crore, up 63.13% Y-o-Y

IRCTC, SBI, Poonawalla Fincorp, JB Pharma, Glenmark Pharma, AstraZeneca, VRL Logistics, Power Grid, PTC India, Thermax, Wipro, Tata Motors, Biocon, IDBI Bank, ZEE, NTPC, Kamat Hotels, Indian Metals & Ferro Alloys, Shriram Properties

Stocks that will see action on December 15, 2022

DFM Foods Ltd, Ritco Logistics Ltd, Cambridge Technology Enterprises Ltd and Williamson Magor & Company Ltd are among the other gainers in the BSE’s ‘B’ group today, 16 August 2022.