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National tourism day: Exploring investment avenues beyond the itinerary

31 January 20245 mins read by Angel One
From the G20 Summit to the Ayodhya Ram Mandir inauguration event, the tourism sector in India is experiencing a continuous boost.
National tourism day: Exploring investment avenues beyond the itinerary
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About the National Tourism Day

National Tourism Day is celebrated in India on January 25 to educate people about the importance of tourism. The Indian government established it to raise awareness regarding the significance of tourism for India’s economy.

This day promotes the tourism industry and recognises its contribution to the growth and sustainability of tourist destinations and local communities. Moreover, the day also honours foreign visitors to come and explore the diverse Indian cultural heritage, traditional food, and history. Well, let’s talk about the significance of the stock market, which sectors, or industries it gives a boost to, and ultimately, which companies benefit when people travel around the world.

Imagine getting ready for a family trip – it’s like starting a chain of plans. First, you book tickets to go there, whether it’s for a plane, bus, or train, depending on how far it is. Then, you figure out a place to stay, like booking a hotel. Once that’s sorted, you pack your bags, which might mean buying some new ones. And when you’re travelling, you might want to get some new clothes for yourself and your family.

These steps are super important for a good trip. Otherwise, your travel experience might not be so great. Also, when you finally reach where you’re going, you’ll probably eat out, buy local stuff, visit cool places, and more. So, in simple terms, some businesses benefit from all these plans. These include Ticketing and Travel Agencies, Hotels and Restaurants, Clothing, and Luggage.

Reap Additional Benefits

Some of the companies listed on the stock market, such as Bata, Restaurant Brand Asia, Trident, Indian Hotels, and Metro brands, offer additional benefitsto their shareholders if you buy their products or use their services. To access these perks, you should check the company’s official website or contact customer service before purchasing or using their services. Being well-informed about these discounts can lead to significant savings, allowing you to redirect your money elsewhere or purchase local items.

Now, let’s explore some stocks that have made a significant amount of money for their investors in the past year by delivering an impressive return.

Stock List:

Company Name  Sector  CMP Rs  1-Yr Return % 
Benares Hotels  Hotels 9,870.42 228.98
Kamat Hotels  Hotels 335.40 156.52
Chalet Hotels  Hotels 763.20 113.75
Safari Industries  Luggage 1,897.25 114.31
Arvind Ltd  Textile 303.95 258.10
Trent  Textile 3,118.10 163.07
Bombay Dyeing  Textile 177.30 139.78
Tourism Finance Corporation Tourism Finance 202.90 153.93
International Travel House  Travel Agencies 619.25 191.89
Thomas Cook  Travel Agencies 170.15 142.03
BLS International  Visa Outsourcing 391.65 125.60

To wrap things up, besides the companies we talked about here, there are many other companies, some you can buy stocks from, that benefit when people travel and buy things. When you buy something from them, they make money, and over time, they can make even more. Also, how well their stocks do can depend on how well the company is making money in the long run.

So, if you’re planning a trip, check out these companies and what they sell. You could think about using some of your saved money to buy their stocks. Please remember, this is not financial advice. Before you decide to invest, it’s important to investigate how is the company’s performance in the long run.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

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