Introduction:
Leading Hotel group has signed an agreement to manage a new luxury property in Rishikesh, Uttarakhand. The hotel will feature premium amenities, including a spa, swimming pool, yoga center, and fine dining, catering to both leisure and corporate travelers.
Share price movement of Kamat Hotels:
On March 07, 2025, Kamat Hotels (India) Ltd. opened at ₹285.00, up 0.15% from its previous close of ₹284.55. The stock reached a high of ₹317.05 (11.59%) and a low of ₹281.85. By 1:06 PM, it traded at ₹313.40, with a market cap of ₹923.91 crore.
Kamat Hotels Expands Presence with New Luxury Property in Rishikesh:
Kamat Hotels (India) Ltd (KHIL) has signed an agreement to manage and operate The Orchid Hotel, a luxury property in Rishikesh, Uttarakhand. The hotel will feature 54 elegantly designed rooms, a high-end spa, a swimming pool, and a modern recreation center.
The property will also include a dedicated yoga center, a conference room for corporate events, and exquisite dining options. Executive Director Vishal Kamat stated that the hotel is expected to be fully operational by July 2025, further enhancing KHIL’s presence in Uttarakhand’s hospitality sector.
Chairman & Managing Director Dr. Vithal Kamat highlighted that this marks KHIL’s second Orchid Hotel in the region, following its Dehradun property. Rishikesh, known as the “Yoga Capital of the World,” attracts spiritual seekers and adventure enthusiasts, making it an ideal location for the new luxury hotel.
Recent news on Kamat Hotels:
As of February 26, 2025, Kamat Hotels Ltd. announced the launch of The Orchid, Mandvi, Kutch, a 153-room luxury resort. Spanning 10 acres, it will feature premium amenities, banquet halls, and recreational facilities, catering to both leisure and corporate guests.
Stock performance of Kamat Hotels for Period of 1 week, 6 months, and 1 year:
Kamat Hotels (India) Ltd has delivered a strong performance with a 6.82% return over the past week and an impressive 38.0% gain over six months. However, its one-year return stands at a modest 0.90%, indicating short-term growth momentum.
Also Read: Defence stock jumps after receiving orders worth ₹577 Cr
Shareholding pattern of Kamat Hotels:
| Particulars | Dec 2024 | Sep 2024 | Jun 2024 |
| Promoter | 57.80% | 57.80% | 64.20% |
| FII | 0% | 0% | 0% |
| DII | 4.50% | 4.50% | 0.00% |
| Public | 37.70% | 37.70% | 35.80% |
About Kamat Hotels:
Kamat Hotels (India) Ltd. (NSE: KAMATHOTEL) is a leading hospitality company under the Kamats Group. It specializes in hotel operations, consultancy, and related services, offering premium hospitality experiences across various locations in India.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
