ALPS / Kotak India ESG Fund - Investor Price & Performance (INDAX)

Chalet Hotels has finalized its acquisition of Mahananda Spa and Resorts, securing full ownership of The Westin Resort & Spa, Himalayas in Rishikesh. The move adds a 141-room luxury property to Chalet’s leisure portfolio, reflecting the company's strategy to expand in the high-end hospitality segment.1

Sobha Limited’s share price dropped nearly 30% from May 2024 to May 2025, now at ₹1,279.70. Institutional ownership also fell, with a 2.6% decrease in long positions last quarter. This signals shifting investor sentiment and challenges for the real estate firm amidst broader market volatility.2

Analysts project that India’s tractor and two-wheeler industries will outperform in the upcoming financial year. Favorable rural demand and improving supply chains are cited as key drivers. This sectoral momentum may offer investors opportunities, especially as broader market performance remains polarized.3