India, Dec. 29 -- This Hospitality Stock, engaged in the business of owning and operating hotels that provide rooms, restaurants, banquets and related hospitality services, primarily under the Marriott brands in Hyderabad, jumped 4 percent after its shareholders approved the Rs. 206 crore cash acquisition of SLN Terminus Hotels and Resorts Private Limited. With a market capitalization of Rs. 1,022.81 crores, the share of Viceroy Hotels Limited has reached an intraday high of Rs. 153.50 per equity share, rising nearly 3.79 percent from its previous day's close price of Rs. 147.90. Since then, the stock has retreated and is currently trading at Rs. 151.35 per equity share.

Viceroy Hotels Limited has received shareholder approval at its Ex...