Mumbai, September 24 (Udaipur Kiran News): Shares of Kamat Hotels (India) (KHIL) edged higher on Wednesday after the company announced the opening of The Orchid Hotel, Panchgani, a 70-key property under a leased model. The stock was trading at Rs 321.80, up 0.25% from its previous close of Rs 321.00 on the BSE.
The counter opened at Rs 311.05 and touched an intraday high of Rs 324.90 and a low of Rs 311.05. A total of 2,445 shares were traded during the session. The company’s market capitalisation stands at Rs 948.67 crore.
Over the past year, the scrip has touched a 52-week high of Rs 368.95 (September 22, 2025) and a 52-week low of Rs 176.00 (October 25, 2024). On a weekly basis, it has traded between Rs 368.95 and Rs 305.60.
As per the shareholding pattern, promoters hold 57.78%, institutions 3.44%, and non-institutional investors 38.79%.
The new Orchid Hotel adds to KHIL’s portfolio in Maharashtra’s leisure and hill-station segment. The property includes 47 guest rooms, 23 luxury tent accommodations, a swimming pool, banquet hall, 20,000 sq. ft. open lawn, and a multi-cuisine all-day restaurant. Positioned as a premium getaway, the resort also aims to cater to destination weddings and private events in the scenic Panchgani hills.
Kamat Hotels (India) is engaged in the hospitality sector through its hotels, resorts, and restaurants.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.