Royal Orchid Hotels Limited
First Water increased its stake in Royal Orchid Hotels Limited from 3.64% to 3.69%, acquiring 14,860 shares. The value of this transaction is approximately ₹47.46 lakh, based on the current share price of ₹319.30.
A hospitality company operating and managing a diversified portfolio of hotel and resort properties across India. Royal Orchid Hotels Ltd provides accommodation, food and beverage, and related hospitality services through its branded properties, catering to the mid-range and premium segments of travelers. Incorporated in 1986, the company operates as a significant player in India's organized hotel industry with properties in key leisure and business destinations.
India-focused and FPI co-founded by Arun Chulani (CA, MSc LSE, ex-Ikarus Petroleum) and Ricky Kirpalani. Concentrated long-only value strategy holding 15 to 18 stocks for 5 to 7 year horizons. Patient capital with a Buffett-style preference for moaty Indian businesses available at sensible prices.