Announced Mon, 15 Jun · 14:10 IST
Construction begins at Salangpur Hotel, project to open by Diwali
Business Updates View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-9.4%1-day move
₹4.34
prior close
₹4.13
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0-9.4-13.8-18.0-21.9-19.6-17.5-19.6-25.1——
Up moveDown movePending
AI summary
Gujarat Cotex has started construction and interior work at its Salangpur Hotel project. The company expects the hotel to become operational by Diwali. No financial details, project cost, or revenue projections were disclosed in the filing.
Likely market impact
Marks progress on the company's diversification into hospitality, but no financials shared — impact on stock depends on project's scale and earnings potential.