Support and Resistance Levels
Past performance
About Kamat Hotels (India) Ltd Kamat Hotels (India) Ltd (KHIL), established by the Kamat Group in 1986, operates 'The Orchid', a 245-room five-star eco-friendly hotel near Mumbai airport. The Orchid is renowned for its sustainable tourism efforts, having received multiple accolades such as the Ecotel Industry Pioneer Status 1999 Award. The company also manages other properties, including Kamats Khandla Hotel and The Kamats Plaza, and operates a tour and travel division along with a hotel and catering institute in Mumbai.
KHIL has expanded its portfolio through acquisitions and management contracts, including the purchase of B W Highway Star Private Limited, which was later renamed Orchid Hotels Pune Pvt Ltd. The company has developed properties like Fort Mahodadhi Palace and Kamats Restaurants (India) Pvt Ltd, which became wholly-owned subsidiaries. KHIL has invested in projects across India, such as purchasing land in Kerala and managing hotels in Maharashtra. Despite these expansions, some projects like the residential hotel in Bandra have faced delays due to external factors.