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  • Mohit Gupta

Ayodhya Ram Mandir- linked stocks saw increased retail buying in last 3 months

Retail investors on Dalal Street have been investing in stocks connected to Ayodhya, including Pakka Ltd, which supplies compostable products, and InterGlobe Aviation, which operates flights to Ayodhya. In the last three months, retail investors have increased their holdings in companies linked to Ayodhya Ram Mandir. Retail holding in Allied Digital Services rose by 133 basis points. Easy Trip Planners and Thomas Cook also saw increased bets by retail investors - source , Economic Times


1) Pakka Ltd

Shares of Pakka Ltd have rallied 148% so far in January. In the last one week alone, the smallcap stock has more than doubled after it was known that the Ayodhya-based company will supply compostable plates, bowls, and spoons for the Pran Pratishtha ceremony on January 22.


2) Kamat Hotels

Kamat Hotels shares have rallied 71% this month. The smallcap company, whose market share is less than Rs 900 crore, plans to start a new hotel of 50 rooms in Ayodhya this month and has also announced the opening of two more hotels in the temple town in future.


3) SIS Ltd

Shares of private security group SIS Ltd rallied up to 18% today after it was announced that the company has signed an agreement with the Ram Mandir Trust to deploy its personnel at the temple complex in Ayodhya.


4) Praveg

Shares of Praveg, which has opened a luxury tent resort in Ayodhya, has rallied 35% in January so far. Praveg’s ultra-luxury tent city has a capacity of 30 tents with one restaurant.


5) Apollo Sindoori Hotels

Shares of Chennai-based Apollo Sindoori Hotels have rallied around 54% this month. The hospitality service management and support services company is building a multi-level parking facility in Ayodhya to accommodate visitor vehicles in Tedhi Bazar.


6) Thomas Cook

Investors have also been playing the Ayodhya theme with tour operator Thomas Cook, the shares of which have rallied around 18%. The company has already launched religious tour packages revolving around Ayodhya, Varanasi and Prayagraj.


7) IRCTC

Another way to play the tourism theme is IRCTC which has a monopoly in online booking of train tickets. The stock is up 17% so far in the month.


8) Genesys

Shares of mapping technology solutions provider Genesys International have rallied about 16% as its product has been chosen as the official map for Ayodhya city.


9) Allied Digital

Mumbai-based Allied Digital Services (ADSL) has been selected as the Master System Integrator (MSI) for the Integration of CCTV Surveillance with Existing ITMS Control Room for the Ayodhya Smart City Project. The stock is up 41% in the month.


10) EaseMyTrip

Shares of travel services provider EaseMyTrip are up 15% so far. The company has launched an Ayodhya Ram Mandir special tour package.


Besides this, there are many travel and tourism related stocks which could become the favourite for the streets and which are suppose to grow multifold. "The entire tourism theme has played out very well in the last one-and-a-half years. There is no slowdown or any kind of moderation in the expectations when it comes to hotels or airlines. Ayodhya is adding to the fervour and we think that overall theme will continue to be good," said market expert Hemang Jani to Economic Times


Among Mutual Funds, SBI Equity Hybrid has touched some of such stocks and have taken descent exposure in them, like - Indigo Airlines , etc


Disclaimer :


This is extract of news from external source and not authored from our in-house team. None of the stocks or names mentioned here should be treated as our investment recommendation. Investors should treat this blog just in reference to the Ayodhya Temple




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