Polo Hotels Ltd share Price Today

Polo Hotels Limited formerly incorporated in Jan.`84 as `Polo Estates Hotels and Investments Pvt Ltd`, was converted into a public limited company in 1989 after which it acquired the present name. The company is engaged in the business of setting up and running hotels and restaurants. The company was promoted by Vikas Paul Garg, V K Garg and associates. The company set up a three star resort in sector 32 and it became operational in 1994. The company came out with a public issue in Oct.`94 to set up North Park, a three star resort hotel, at Panchkula, Haryana, with 43 rooms, restaurant, banquet hall, coffee shop, shopping arcade and recreational/health facilities. In Jun.`94, Polo Hotels entered into an international and domestic franchise marketing and management support services agreement with Quality Inns India Pvt Ltd (QIIPL). In 1998 the Company was taken over by Shri A.R. Dahiya, Amardeep Singh Dahiya and Associates. After that, many new projects have been proposed by its ambitious directors. Some of them are under construction, under approval or under design stage. Apart from this, the company is having a total of 16 acres of land in Sector 32 of Panchkula. The present resort, North Park, is running on 4 acres. Two brands namely Radisson and Holiday Inn have approved and are keen on managing and branding the hotel. Also the company is about to receive the permission for setting up a hospital in 3.2 acres of land. The balance land should be utilized for IT and Commercial offices, given the excellent locations this shall become commercial hub in itself.

Polo Hotels share price as on 27 Apr 2024 is Rs. 11. Over the past 6 months, the Polo Hotels share price has decreased by 3.34% and in the last one year, it has decreased by 1.79%. The 52-week low for Polo Hotels share price was Rs. 7.5 and 52-week high was Rs. 14.2.