The Viceroy Hotels scrip has been steadily going up in the past few days, hitting the upper circuit.
The company's scrip yet again gained 4.95 per cent in today’s trade quoting at Rs 22.25.
Investor Mr Rakesh Jhunjhunwala has increased his stake in the Hyderabad-based hospitality chain taking it past the 15-per cent mark.
According to a latest disclosure to the stock exchange, his stake has gone up from 11.79 per cent to 15.22 per cent. These shares have been acquired through open market purchases.
The company shares have seen hectic trading through institutional investors in the past two weeks.