Nifty India Tourism

Hotel Stock BLOCK DEAL: FMGC Giant ITC-Backed ITC Hotels Stock Nears Day's High Despite GQG's Stake Sale; BUY?

ITC Hotels stock traded near its day's high despite GQG Partners Equity Fund selling 0.62% of its stake for Rs 197 crore. The company, recently demerged from ITC Ltd., saw its shares rise 0.53% to Rs 152.40. Analysts have a "STRONG BUY" consensus for ITC Hotels.

Sayaji Hotels Share Price rises 8.4%: valuation and peers

Sayaji Hotels Ltd. shares rose 8.4% to Rs 347, increasing its market capitalization to Rs 560.75 crore. This movement occurred without a specific company-related catalyst, drawing attention to the stock's valuation and profitability metrics within the hospitality sector. The company's ROE and ROCE are below industry benchmarks.

Rs 120 dividend alert: Hindustan Copper, BLS International, Indo Tech Transformers and 35 other stocks will trade ex-date on September 16; last day to buy today

BLS International Services Limited will trade ex-dividend on September 16, 2026, for a final dividend of Rs 0.5 per share. Investors must purchase shares by September 15, 2026, to be eligible for this payout. This is part of a larger group of 38 stocks going ex-dividend on the same date.

RJ Corp to acquire 49% stake in Arum Hotels under joint venture with Lemon Tree Hotels

Lemon Tree Hotels' subsidiary, Carnation Hotels, formed a joint venture with RJ Corp for Arum Hotels. RJ Corp will acquire a 49% stake in Arum Hotels, which will develop the Aurika Shillong project. Carnation will retain 51% ownership in the newly structured subsidiary.

Jubilant FoodWorks: Approves Dividend for FY 2025-26

Jubilant FoodWorks announced a dividend payment of ₹1.20 per equity share for FY 2025-26, approved at its 31st Annual General Meeting. This represents 60% of the face value. The company has electronically remitted the dividend to shareholders.

IRCTC among 8 midcap stocks hitting 52-week low; slipped up to 18% in a month

Indian Railway Catering And Tourism Corporation (IRCTC) stock hit a new 52-week low of Rs 462.25, with its price falling approximately 11% in the last month. This decline occurred as the benchmark Sensex also slipped, impacting several midcap stocks. IRCTC was among nine stocks from the BSE 150 Midcap Index to reach their lowest price levels in the past year.

Sapphire Foods And Devyani International File For CCI Approval For Mega Merger

Sapphire Foods India and Devyani International have filed a joint application with the Competition Commission of India (CCI) for their proposed merger. Sapphire Foods India will merge into Devyani International, with Sapphire shareholders becoming Devyani shareholders. The merger aims to consolidate operations and expand market presence in the quick-service restaurant industry.

IRFC, RVNL, IRCON, RITES, BEML, Jupitar Wagons, IRCTC, Concor: Are Railway Stocks Attractive Before Q1 Results

Indian railway stocks are in focus ahead of their Q1 FY27 results, showing mixed performance recently. While some, like RITES and BHEL, saw strong gains, others like Jupiter Wagons and IRFC experienced declines. Motilal Oswal views the Indian railway sector as an attractive long-term investment due to government emphasis on modernization and expansion.

Chalet Hotels: Acquires Goa Land for ~₹170 Crore Luxury Resort

Chalet Hotels Limited acquired Lakeview Mercantile Company Private Limited, securing a land parcel in Bambolim, Goa. This acquisition, completed on September 7, 2026, is for developing a new luxury resort with approximately 170 rooms. The move expands Chalet Hotels' presence in the hospitality sector.

The Company Behind KFC, Pizza Hut & Costa: Can Devyani International Move From Losses to Sustainable Profit?

Devyani International Limited reported a return to quarterly net profit of ₹17 crore, with consolidated revenue up 16.5% year-on-year to ₹1,581 crore in Q1 FY27. Operating EBITDA increased by 38%, improving the operating margin to 9.6%. KFC and international operations drove growth, while Pizza Hut remains a weak link.