Sunday PropTech acquires 89-room hotel in Kolkata, marks entry into city
A infrastructure development with market-wide reach.
· Economic Times Markets
Sunday PropTech Ltd marks a significant milestone with its inaugural acquisition of an 89-room hotel in Rajarhat. This venue will be included in its emerging mid-premium Clubhouse brand, bolstering its footprint in eastern India. Given its advantageous proximity to Netaji Subhas Chandra Bose International Airport, it appeals to business travelers.
The analysis
Infra spending is both an economic-cycle signal and a direct order pipeline for capital-goods names.
Related coverage
BLS International Services net profit rises 8% to ₹201.7 crore in Q2FY27
S&P affirms RIL's 'A-' credit rating, cites Jio listing, stronger earnings
Adani Ports, Bosch, Divi's Labs, Marico, Welspun Living hit record highs
RBI forms financial markets consultative panel headed by Dy Guv Rohit Jain
RBI forms markets panel with Citi, Morgan Stanley, SBI as members