Fomento Resorts & Hotels is currently trading at Rs. 92.20, up by 3.75 points or 4.24% from its previous closing of Rs. 88.45 on the BSE.
The scrip opened at Rs. 92.80 and has touched a high and low of Rs. 92.80 and Rs. 92.20 respectively. So far 356 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 121.50 on 22-Apr-2019 and a 52 week low of Rs. 74.55 on 04-Oct-2019.
Last one week high and low of the scrip stood at Rs. 92.80 and Rs. 80.00 respectively. The current market cap of the company is Rs. 147.52 crore.
The promoters holding in the company stood at 75.00% and Non-Institutions held 25.00 %.
Fomento Resorts & Hotels has opened its new hotel under brand name ‘Taj Hotel & Convention Centre, Goa’ at Survey no.246/1, Vainguinim Plateau, Dona Paula, Goa.
This is the second hotel of the company. The hotel has 299 keys and associated facilities, catering to the meetings, incentives, conferences and exhibitions (MICE) segment.
The hotel will be managed and operated by the Indian Hotels Company (IHCL), pursuant to the Hotel Operating Agreement dated February 11, 2019.
IHCL also operates and manages the existing 5 Star Deluxe hotel of the company, Cidade de Goa consisting of 207 keys, located at Vainguinim Beach, Goa, with effect from April 1, 2019.
Fomento Resorts & Hotels is engaged in the hospitality industry.
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