Street signs: Hotels stocks on investors' radar, Aditya Birla MF GMP at 10%

Hotels stocks on investors’ radar
 
With Covid-19 related restrictions easing in almost all states, savvy investors have begun accumulating hotel stocks. Increase in occupancy rate and surge in air travel are being seen as key positive triggers. Shares of Indian Hotel have rallied nearly 30 per cent in the past one month, while EIH has gained 20 per cent, Lemon Tree Hotels has been an underperformer with just 6 per cent gain. “Next few months are expected to be good for the hotel sector. Also, Oyo’s IPO filing could act as a positive trigger for the sector. High-risk investors