Ram Mandir News: Shares of These Companies Expected to Soar High After Temple Inauguration

Ram Mandir Inauguration: The preparation for the grand opening of Ayodhya’s Ram Mandir is in full swing. People around the globe will be witnessing the inauguration ceremony on 22nd January when Lord Ram’s idol will be set up in the presence of around 6000 special guests worldwide. It is expected that around 3 to 5 lakh devotees are expected to arrive every day to seek the blessings of Lord Rama, after the successful inauguration ceremony. Meanwhile, Ayodhya has become a huge investment hub for many sectors in the country, including hotels, airlines, and railways. Let’s look at those companies which are expected to witness a huge surge in shares. 

Ayodhya Ram Mandir Investment Opportunities

Apollo Sindoori

In just two days, shares of Chennai-based Apollo Sindoori Hotels increased by 32%, closing at Rs 1998 on the NSE on Tuesday. In the 3,000 square meter Tedi Bazaar in Ayodhya, the hospitality service management and support services company is constructing multi-level parking with rooftop restaurants. Over a thousand devotees can come here at a time

IRCTC

The IRCTC online railway portal is currently seeing a rise in engagement and shares. IRCTC’s stock has increased by more than 23% in the past month as a result of the anticipated influx of pilgrims who plan to visit Ayodhya in the coming months. 

Praveg

After rising by 47% in just three days, shares of Tourists Luxury Tent company Praveg closed at Rs 1219.10 on the BSE on Tuesday. The company opened a high-end resort in Ayodhya’s Brahma Kund in November of last year comprising thirty tents and a restaurant in Praveg’s opulent tent city. Praveg recently got a contract to install tents on the Lakshadweep Islands as well.