DigitalNewsServices

24×7 Live News

US Top news

Ram Mandir Ayodhya inauguration: Why these 7 stocks are in focus – Havells to L&T india business news

Ram temple Ayodhya inaugurated: Ayodhya is undergoing significant transformation as a global spiritual tourism hub, the main attraction of which is the Ram Temple. The city is expected to attract 5 crore tourists annually after the completion of the Rs 85,000 crore makeover. The construction of the new Ram temple at a cost of about Rs 1,800 crore can serve as a model for infrastructure-driven tourism development.
An ET report quoted Jefferies analyst Mahesh Nandurkar as saying that this surge in tourism will benefit various sectors including hotels, airlines, hospitality, FMCG, travel accessories and cement.
Here are 7 stock market listed Indian companies that are involved in Ayodhya and Ram Mandir project:
1) L&T: Construction giant Larsen & Toubro (L&T), known for building iconic structures like the Sardar Patel statue in Gujarat, is responsible for the design and construction of the Ram temple. The three-storey temple situated on a 70-acre campus is built without the use of corrosive metals like iron or steel. L&T claims that this engineering marvel can last for a thousand years. L&T shares have seen a rise of 3% this month.
2) Havells India: Havells India has supplied and installed excellent indoor lighting products to enhance the aesthetic appeal and spiritual ambiance of the holy temple. The electrical goods manufacturer has carefully designed these products with optimized form factors, optics, materials and special finishes to compliment the architecture. Havells shares have fallen 2% in January.

3) Sure!, Shri Ram Janmabhoomi Teerth Kshetra Trust has partnered with Pakka to use compostable plates, bowls and spoons within the temple premises. Ayodhya Development Authority has also made the use of eco-friendly tableware mandatory in all tent cities in the city. Pakka’s stock has seen a significant jump of 45% this month.
4) I, Private security group SIS Ltd has signed an agreement with the Ram Temple Trust to deploy its personnel at the temple complex in Ayodhya. Their role is to assist devotees and support the security forces deployed in the area. SIS shares have gained 11% this month.
5) allied digital Services: Mumbai-based Allied Digital Services has been selected as the Master System Integrator (MSI) for the integration of CCTV surveillance with the existing ITMS control room for the Ayodhya Smart City project. ADSL will set up a multi-location CCTV surveillance system, install new cameras, and integrate the existing CCTV network into an integrated system linked to the existing ITMS control room. Allied Digital Services shares have seen an increase of 44% in January.
6) genesis international: Mapping technology solutions provider Genesis International has been selected to create the official map of Ayodhya city. Their New India Map platform provides state-of-the-art 2D navigation and 3D digital representation of the entire city, providing an immersive experience to users. Genesis International’s shares have seen an increase of about 8% this month.

7) Apollo Sindoori hotel: Chennai-based Apollo Sindoori Hotel, known for its hospitality management and support services, is constructing a multi-level parking facility at Tedhi Bazaar in Ayodhya to accommodate visitor vehicles. The structure is spread over 3,000 square meters and includes a rooftop area exclusively for the restaurant, capable of serving over 1,000 devotees at a time. Apollo Sindoori Hotels stock has surged nearly 48% in January.



Source link

LEAVE A RESPONSE

Your email address will not be published. Required fields are marked *