Juniper Hotels' shares have lost 12 per cent so far this year even as they have rallied 13 per cent in a month, according to NSE data.
The 287-key hotel in Khopoli, located beside Imagicaa's theme and water parks, will add an operating, cash-generating property to Juniper Hotels' hotel portfolio
The regulator flagged licensing and labelling lapses at JW Marriott and hygiene, pest-control and storage deficiencies at Andaz, operated by Juniper Hotels in Aerocity
The northward movement in the company's share price came after it informed the exchanges that it had executed a share purchase agreement (SPA) with Juniper Hospitality Assets Private Limited (JHAPL)
Technical outlook on hotel stocks: Taj GVK, Juniper Hotels look good on charts, while EIH could face some downward pressure.
The acquisition is done to develop a 5 star Hotel/Resort of International Standard on Kaziranga Land which has been taken on lease by Jenipro
Renewable energy solutions provider Suzlon Group on Thursday said it has secured a 72.45 MW wind power project from Juniper Green Energy Pvt Ltd. As part of the project, Suzlon will install 23 Wind Turbine Generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 3.15 Megawatt (MW) each at the client's site at the Dwarka district in Gujarat, a company statement said. The company will supply the wind turbines (equipment supply) and execute the project with a scope of supply, supervision, and commissioning. Additionally, Suzlon will undertake post-commissioning operation and maintenance services, according to the statement. JP Chalasani, Chief Executive Officer, Suzlon Group, said, "we are delighted to announce our third order with Juniper Green Energy Private Limited in just a few months." A project of this size can provide electricity to 59,000 households and curb 2.35 lakh tonnes of CO2 emissions per year.
Juniper Hotels made a quiet debut on the bourses on Wednesday, listing at Rs 365 -- a 1.4 per cent premium over its issue price of Rs 360 per share