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The stock of Royal Orchid Hotels will hog the limelight as a foreign fund bought shares. The Royal Bank of Scotland’s Jupiter India Fund on Tuesday picked up about 9.28 lakh shares of the company at an average price of ₹126.43. Ashish Kacholia, who is known for his astute stock picking in mid and small-cap space, sold about 8.37 lakh shares, according to BSE bulk deal data. At the end of June, Kacholia had held 10.73 lakh shares (or 3.94 per cent stake) in Royal Orchid.
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