Hold onto your dhotis and yagnalis, folks, because Ayodhya is about to witness a historical event that’ll send ripples through the stock market – the grand opening of the Ram Mandir! And while devotees pray for blessings, investors will be praying for gains.
So, which stocks are poised to become pilgrimage paths to profit? Let’s take a darshan of the hottest contenders:
Hospitality Havens:
The temple opening is like an all-you-can-eat buffet for hotels. Imagine millions of devotees thronging Ayodhya, searching for a place to rest their weary dharmic heads. Companies like Indian Hotels (TajGVK), EIH Limited (Oberoi), and ITC Ltd. with their luxurious ashrams (okay, hotels). Think prasad thalis morphing into gold-plated buffets!
Airlines Soaring with Devotion:
Forget chariots, folks, Ram bhakts are coming by plane! Airlines like Indigo and Spicejet are already gearing up for skyrocketing demand. Ayodhya airport, the newest kid on the block, will be busier than a Hanuman Chalisa recitation during Satsang. Expect frequent flyer points piling up faster than temple bells ringing!
Railways Rolling in Faith:
The Indian Railways is about to witness its own chariot procession – of pilgrim specials! IRCTC is preparing to run extra trains, turning every compartment into a moving dharmic dhaba. Stock prices might just do the Omkar, chanting their way to new highs.
Tourism Tales Told in Gold:
Tour operators like Thomas Cook India are rubbing their hands with anticipation. Pilgrimage packages will be hotter than samosas served on temple steps. Apollo Sindoori has a multi-level parking facility in Ayodhya spanning 3,000 square meters. Includes a rooftop area for restaurants, capable of hosting over 1,000 devotees simultaneously. Expect customized itineraries involving darshans, pujas, and souvenir shopping sprees – all at premium prices, of course.
Local Heroes Taking Centre Stage:
Don’t underestimate the power of local players! Hotels, resorts, and transportation companies around Ayodhya are about to have their moment in the limelight.
Companies like Praveg Ltd., which has already built a resort near the temple, might just become the next multibagger – watch this space!
Investing Caveats:
Remember, friends, the market is like a fickle goddess. While these sectors hold promise, predicting sure-shot gains is trickier than untangling a mala. Do your research, consult your financial pandit, and invest wisely. This Ram Mandir opening might be a boon for some stocks, but for others, it could be a “Dhanush” (miss).
Stocks
Name of Stocks | CMP (Rs) | 1-year Return |
Praveg | 719.00 | 190.15% |
Thomas Cook | 137.00 | 91.07% |
SpiceJet | 60.28 | 58.84% |
EIH | 248.30 | 47.40% |
Indigo | 2,968.70 | 47.28% |
IRCTC | 884.20 | 39.67% |
ITC | 464.05 | 38.38% |
Apollo Sindoori | 1,524.00 | 25.97% |
Taj GVK Hotels | 230.70 | 16.37% |
So, there you have it, folks! The Ram Mandir opening is an exciting event not just for devotees, but for investors too. Keep your eyes peeled on these sectors, but remember, investing is an art, not a darshan. Chant your mantras of research and caution, and may your portfolios flourish like a banyan tree at a temple complex!
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.
Published on: Dec 29, 2023, 6:20 PM IST
We're Live on WhatsApp! Join our channel for market insights & updates