Pecos Hotels and Pubs: Clarification On Price Movement

The company has recently shifted one of its Pecos Branch located at Koramangala Bangalore to a new location at Brigade Road in Shanthi Nagar ward Bangalore. Considering the new Pecos branch is located at a strategic location the company is expected to gain incremental revenue in current fiscal year.Further the company have had paid continuously final dividend to its shareholders during three preceding financial year i.e. for F.Y. 2022-23 2023-24 & 2024-25. This might have cause to increase strong faith of shareholders in the company.