Stock surged 6% to Rs 127.26 after signing hotel management agreements for 56‑room Ayodhya and 64‑room Ujjain properties.
Company’s market cap stands at Rs 2,687.88 crore, with a 20% negative return year‑to‑date despite recent gains.
Q3 FY26 revenue rose 9.85% to Rs 188 crore, operating margin held 36%, while net profit fell 21.8% to Rs 25 crore.
CEO Vikas Ahluwalia highlighted strategic focus on high‑growth pilgrimage destinations to meet rising demand for design‑led hospitality.