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HospitalityMedium impactPre-market

Chalet Hotels wins stay on ₹40 crore property tax notice

pre-market1 source ↓written by the desknot a recommendation

Chalet Hotels Ltd has secured a stay order from the Karnataka High Court regarding a ₹39.56 crore property tax notice issued by the Greater Bengaluru Authority. The notice claimed non-payment of property tax dues related to its Whitefield property. This stay could alleviate immediate financial pressures on the company, supporting its ongoing operations in a recovering hospitality sector.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 18 Feb 2026, 07:11 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

CHALET closed −0.2% on the day of the news, from ₹872.30 to ₹870.65; Nifty +0.4% over the same session.

Bulletin at 07:11 IST on 18 Feb 2026. Every change is measured from ₹872.30, the last close before it, on 17 Feb. Nifty 50 is measured over the same sessions.

  • CHALET close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
CHALET closes around the bulletin against the close before the news, with Nifty 50 rebased to it745.64872.30998.96axis spans 34%before the news · 17 Feb872.30Nifty 50CHALETbulletinD0+1+3+511 Feb23 Feb5 MarReference close ₹872.30. 16 sessions from 11 Feb to 5 Mar; the price axis spans 34 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before17 Feb₹872.30basebase
On the day18 Feb₹870.65▼ −0.2%▲ +0.4%−0.6 pp difference
+1 session19 Feb₹862.10▼ −1.2%▼ −1.1%−0.1 pp difference
+3 sessions23 Feb₹862.50▼ −1.1%▼ −0.1%−1.1 pp difference
+5 sessions25 Feb₹829.05▼ −5.0%▼ −0.9%−4.0 pp difference
Gap at the open, % · ₹
▲ +0.9%+7.50 on 18 Feb
Day's range, % · ₹
1.6%≈ 14 high to low
Volume on the day
0.41×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

Source NSE UDiFF bhavcopy · CHALET on the desk →

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