From Indigo to TAJGVK- airlines, hotel stocks in focus amid rising HMPV scare in India
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From Indigo to TAJGVK- airlines, hotel stocks in focus amid rising HMPV scare in India

Live Mint  

With the ongoing HMPV virus scare, airlines and hotel stocks crashed nearly 5 per cent on Monday following the government's release reporting two virus cases in India. In terms of hotel chains, TAJGVK Hotels & Resorts Limited, a joint venture between Indian Hotels Company Limited and the GVK Group, dipped 5.26 per cent to ₹421.85. Shares of Indian Hotels Company Limited, a Tata-backed venture that runs the Taj Group of hotels, dropped 3.1 per cent to ₹844.90. Shares of TAJGVK Hotels & Resorts Limited were at ₹432.05, a 2.42 per cent increase, and Indian Hotels Company Limited rose to 2.95 per cent at ₹33.2.

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