Smallcap stock with Lakshadeep connection

Praveg on Monday rallied up to 20% to hit 52-week high of Rs 1,037.50 as investors found that company could be major beneficiary of the 'Chalo Lakshadweep' campaign

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Praveg is a Ahmedabad-based hospitality company could be a major beneficiary of the 'Chalo Lakshadweep'

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'Chalo Lakshadweep' campaign in the wake of India-Maldives row.

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Praveg, had last month received a work order for the development of operations, maintenance, and management of at least 50 tents at Agatti Island

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The resorts at Lakshadweep will also offer commercial activities like Scuba diving, destination weddings, corporate functions etc.

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The Agatti Island is home to an aquatic life which is diverse and comprises one of the most beautiful coral reefs in India

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Thank you for reading

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