Short-Term Gains and Market Outperformance
Royal Orchid Hotels has demonstrated resilience in recent sessions, with the stock appreciating by 6.32% over the last three trading days. On the day in question, it outperformed its sector by 2.03%, signalling investor preference relative to peers within the hospitality segment. The stock also touched an intraday high of ₹431.95, marking a 5.12% rise from its previous close, underscoring strong buying interest during the session.
Despite this positive price action, the weighted average price indicates that a larger volume of shares traded closer to the day’s low, suggesting some caution among participants. Furthermore, the stock’s current price sits above its 5-day moving average but remains below its 20-day, 50-day, 100-day,...
Read More








