Sayaji Hotels shines as its arm enters into 8 management, franchise agreements

Sayaji Hotels is currently trading at Rs. 240.95, up by 9.90 points or 4.28% from its previous closing of Rs. 231.05 on the BSE.

Sayaji Hotels

The scrip opened at Rs. 242.60 and has touched a high and low of Rs. 242.60 and Rs. 230.05 respectively. So far 381 shares were traded on the counter.

The BSE group ‘XT’ stock of face value Rs. 10 has touched a 52 week high of Rs. 288.00 on 06-Jan-2021 and a 52 week low of Rs. 155.15 on 02-Dec-2020.

Last one week high and low of the scrip stood at Rs. 244.90 and Rs. 229.00 respectively. The current market cap of the company is Rs. 422.10 crore.

The promoters holding in the company stood at 74.91%, while Institutions and Non-Institutions held 0.02% and 25.06% respectively.

Sayaji Hotels’ Wholly Owned Subsidiary — Sayaji Hotels Management (SHML), has signed and entered into 8 Management agreements / Franchise agreements / term sheets for the expansion of SHML by having new properties at Pithampur, Rewa, Sangli, Aurangabad, Dwarka, Satara, Lonavla and Sarola.

Sayaji Hotels is India’s premier luxury hospitality brand with an ever-growing presence across the country.

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