Advani Hotels and Resorts (India) has hit the upper circuit of 20% at Rs 51.60 on the BSE on reports that ITC Hotels could be close to buying its property in Goa. According to an Economic Times report, ITC’s hotel division, ITC Hotels is close to acquiring the Ramada Caravela Beach Resort from Advani Hotels & Resorts.
At 1150 hours, a combined 9,821 shares changed hands and there are pending buy orders for 204,644 shares on the counter on NSE and BSE.
Meanwhile, Delta Corp too surged 13% to Rs 87.70 on this report. Delta Hospitality & Leisure Private Limited, a 100% subsidiary of Delta Corp, holds 35.6% stake in Advani Hotels and Resorts (India).
The stock opened at Rs 78.20 and touched high of Rs 89.40 on BSE. The counter has seen huge trading activity with a combined 6.99 million shares changing hands in noon deals on BSE and NSE.
At 1150 hours, a combined 9,821 shares changed hands and there are pending buy orders for 204,644 shares on the counter on NSE and BSE.
Meanwhile, Delta Corp too surged 13% to Rs 87.70 on this report. Delta Hospitality & Leisure Private Limited, a 100% subsidiary of Delta Corp, holds 35.6% stake in Advani Hotels and Resorts (India).
The stock opened at Rs 78.20 and touched high of Rs 89.40 on BSE. The counter has seen huge trading activity with a combined 6.99 million shares changing hands in noon deals on BSE and NSE.