Shares of hotel companies were trading higher in the intra-day trade on Monday with Savera Industries, Kamat Hotels, India Tourism Development Corporation and Asian Hotels rallying up to 11 per cent on BSE amid reports the hospitality and tourism industry in India is set to witness an uptick going ahead.
Savera Industries jumped over 11 per cent to Rs 76.65 while Kamat Hotels was trading 8.49 per cent higher at Rs 45.35 apiece. India Tourism Development Corporation (ITDC) was trading at Rs 314.60, up 6.27 per cent on BSE in the intra-day deals.
According to a report by Motilal Oswal Financial Services

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