Ram Mandir Pran Pratistha: As India witnessed the historic moment of Pran Pratistha lord ram Today in his birthplace Ayodhya. Interestingly, there has been a significant increase in Ayodhya related stocks recently. Companies like Pakka Ltd, which supplies compost products, and InterGlobe Aviation, which will operate flights between Ayodhya and major metro cities, have attracted the attention of retail investors on Dalal Street.
Data analyzed by ETMarkets shows that retail investors have increased their exposure to at least four Ayodhya-linked companies in the last three months.
Let’s take a look at how retail investors’ holdings in these stocks have changed from the September quarter to the December quarter and how these stocks have performed.
Associated Digital Services:
According to Ace Equity data cited by ET, retail investors’ stake in the company increased by 133 basis points in the December quarter. The stake of retail investors holding shares worth up to Rs 2 lakh rose to 31.22% at the end of December from 29.89% in the previous quarter.
Interestingly, foreign institutional investors acquired 1% stake in the company during the last quarter. Shares of Allied Digital have surged more than 41% since October, after it announced it won the contract for the Ayodhya smart city project.

Easy Trip Planner:
The travel service provider also experienced growth in retail holdings. Retail investors’ stake in the company rose sharply to 21.98% in the three months ended December, compared to 16.84% in the previous quarter. The stock is up more than 14% since October, with a 20% gain in the past month alone.
Thomas Cook India:
Like Easy Trip, bets on Thomas Cook were also increased by retail investors. Retail holdings in the stock increased to 14.05% in the December quarter from 10.53% in the September quarter. Thomas Cook shares have risen 35% since October and hit an all-time high earlier this month.
InterGlobe Aviation:
IndiGo operator InterGlobe Aviation was a popular choice among retail investors. His stake in the company increased to 1.90% in the December quarter from 1.76% in the September quarter. With services now available on Delhi-Ayodhya and Ahmedabad-Ayodhya routes, Ayodhya becomes the 86th domestic destination for the airline. The stock has risen more than 27% since October and hit an all-time high earlier this month.
road ahead
Spiritual tourism in India has seen a steady rise post-pandemic and experts believe that this trend will continue in the near future. The government’s efforts to revive tourism at various destinations in India are expected to contribute to the country’s GDP and attract long-term investors. Some of the stocks recommended by experts include IRCTC, Indian Hotels, Thomas Cook, Praveg and InterGlobe Aviation, the report said.
While Ayodhya has become a new topic on Dalal Street and has impacted stock performance, the underlying outlook for many of these stocks has been positive in the past as well. InterGlobe Aviation remains the top pick for analysts in the aviation sector.