Bengaluru, July 8 -- The shares of a luxury hospitality company, known for developing and managing high-end hotels and resorts, were in focus after it expanded its strategic partnership with Marriott International. The deal includes management contracts for seven hotels across India and Sri Lanka, marking one of the largest collaborations in the segment.

With a market capitalization of Rs 18,002 Crores, the share price of Ventive Hospitality Ltd was trading over 5% up to hit an intraday high of Rs 784.45 per share from its previous closing price of Rs 744.10 per share.

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Ventive Hospitality Ltd, along with its promoter group, has signed agreements with Marriott International to open seven new luxury and upscale hotels in ...