Pilgrimages Portfolios: Religious tourism will increase in the country with the consecration of Ram Lala in Ayodhya, these stocks will benefit from increase in pilgrimage!

Pilgrimages Portfolios: Religious tourism will increase in the country with the consecration of Ram Lala in Ayodhya, these stocks will benefit from increase in pilgrimage!

Ayodhya Ram Mandir Pran Pratishtha: The program of consecration of Ram Lala took place in Shri Ram Mandir of Ayodhya in which stars from the country's industry and cinema world participated. Apart from this, apart from many sages and Mahatmas, 7000 people belonging to different fields witnessed this event. But from January 23, 2024, Shri Ram's Ayodhya city is going to create a new history on the maps of pilgrimage places in the country. Religious tourism is going to start on a large scale in Ayodhya. In the coming days, every day thousands and lakhs of devotees will reach Ayodhya city to have darshan of Lord Shri Ram.   

3 lakh pilgrims will come to Ayodhya every day 

According to a report of Teji Mandi, with the inauguration of Ram temple in Ayodhya, around 3 lakh pilgrims will come to visit every day. According to UK based World Book of Records, the Golden Temple of Amritsar in Punjab is one of the most visited religious places. In 1986, 14 lakh pilgrims visited Mata Vaishno Devi temple, the number of which has increased to 91 lakh in 2022. This year, on January 1, 2024, 8.1 lakh devotees had reached Ujjain's Mahakal temple for darshan. 

Rising trend of religious tourism 

According to a report of the Ministry of Tourism, religious tourism destinations had earned Rs 1,34,543 crore in 2022, which was Rs 65,070 crore in 2021. Now 60 percent of tourism in India is related to religious and spiritual places. According to Teji Mandi, the number of tourists is going to increase with the inauguration of Ram temple in Ayodhya, so there are many companies on which investors are eyeing. 

Eye on Indigo

In Ayodhya

Indian Hotels opened hotels 

Tata Group's hotel company Indian Hotels Company Limited has built two hotels in Ayodhya under the brands Vivanta and Ginger. Due to which investors should keep an eye on the stock of Indian Hotels. 

Praveg Limited built tent city

Praveg has prepared a tent city in Ayodhya in which 75 percent of the property has already been booked. Praveg has also won the contract to build a tent city in Lakshadweep. 

Allied Digital Services in discussion 

Allied Digital Services Limited, the master system integrator for the Ayodhya Smart City Project, has attracted the attention of investors. The company is preparing multi location CCTV surveillance system. 

Big benefit to IRCTC 

IRCTC, the online ticket booking portal company of Indian Railways, is going to run 1,000 trains for Ayodhya from different cities of the country. IRCTC has a monopoly in online rail ticketing. IRCTC will benefit greatly from the increase in religious tourism. 

Apollo Sindoori Hotels Limited is building parking facility 

Apollo Sindoori Hotels is preparing a multilevel parking facility in Ayodhya. There will be a rooftop restaurant on it which will have a seating capacity of 1,000 guests. 

Keep an eye on these companies also 

The mapping product of Genesis International will be the official guide of Ayodhya. Investors are also keeping an eye on this company. Apart from this, online travel aggregators MakeMyTrip and Easy Trip Planners will also benefit. However, the bullish recession has also warned investors not to buy these stocks blindly because many of these stocks have already gained momentum. 

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