As the inauguration of the Ram Mandir in Ayodhya approaches on January 22, the city experiences a surge in investor interest, with millions planning pilgrimages to the revered site. Anticipating a potential daily footfall of up to 3 lakh individuals, the tourism sector, particularly during its flourishing third quarter, is witnessing a notable upswing. Ayodhya's hotel stocks, driven by heightened spiritual tourism, are on the rise.

Stocks gaining traction due to the Ayodhya Ram Mandir inauguration include:

1. Apollo Sindoori Hotels: Chennai-based Apollo Sindoori Hotels saw a 32% surge in two days, closing at Rs 1,998 on NSE. The company is constructing a multi-level parking facility and rooftop restaurant in Ayodhya.

2. Praveg: Known for luxury tents, Praveg surged 47%, reaching Rs 1,219.10 on BSE. The company recently launched a luxurious resort in Ayodhya along the Brahma Kund.

3. Genesys International: Shares soared 7% to Rs 487 as its product was chosen as Ayodhya city’s official map.

4. Indian Hotels: With a market cap exceeding Rs 73,000 crore, it experienced a 23% uptick. IHCL has signed agreements for two greenfield hotels in Ayodhya.

5. IRCTC: The monopoly in online train ticket booking saw a 23% surge, given the projected influx of travelers to Ayodhya.

6. IndiGo: Initiating daily flights between Ayodhya and Delhi, and thrice-a-week flights connecting Ahmedabad and Maharishi Valmiki International Airport, IndiGo is gearing up for increased travel to the temple town.