Chalet Hotels settles lower against listing price on market debut

On the BSE, Chalet Hotels ended at Rs 290.40 per share, a 3.71 per cent higher against issue price. The stock hit an intra day low of Rs 250.15 and a high of 295.30

Shares of Chalet Hotels settled lower on the bourses after making a decent debut on the exchange. On the National Stock Exchange (NSE), Chalet Hotels settled at Rs 291.95 apiece, down 0.70 per cent against its listing price of Rs 294 per share. The stock hit an  an intra-day low of Rs 250 and a high of Rs 300.

On the BSE, Chalet Hotels ended at Rs 290.40 per share, down 0.21 per cent against its listing price. The stock hit an intra day low of Rs 250.15 and a high of 295.30.

K Raheja Corporation-promoted hospitality chain raised Rs 1,641-crore