Jan 10 , 2024

8 stocks whose share price can skyrocket after Ayodhya Ram Mandir inauguration

By True Scoop

Praveg Ltd's stock has risen over 70.59% in the past month. The company has built a resort in Ayodhya, which will start operations on Jan. 15.

ITC's share price is also expected to skyrocket as it is opening a seven-star property, 12 km from the Ayodhya Ram temple.

IHCL is building Vivanta and Ginger-branded hotels, bringing the first branded hospitality experience to the city of Ayodhya.

IRCTC plans to run over 1,000 trains to Ayodhya. The stock has jumped 2.83% in the past five days and 20.44% in the last month.

Online travel company EaseMyTrip have also witnessed a surge in queries and bookings since the Ram Temple inauguration announcement.

Apollo Sindoori Hotels has a multi-level parking facility in Ayodhya of 3,000 square meters. Shares of the company have risen 27.08% in the past month.

Hospitality solutions provider RateGain observed rapid bookings and September recorded a 270% month-on-month increase in international bookings to UP.

Shares of Rail Vikas Nigam Ltd. (RVNL) have also gained 3.73% in the past month.

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