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HospitalityMedium impactAfter close

Chalet Hotels secures stay on ₹40 crore tax notice

after close1 source ↓written by the desknot a recommendation

Chalet Hotels Ltd has obtained a stay order from the Karnataka High Court regarding a ₹39.56 crore property tax notice issued by the Greater Bengaluru Authority. This notice claimed non-payment of property tax dues for its Whitefield property. The stay remains effective until the next hearing date, potentially easing immediate financial pressures on the company.

• Property tax dues ₹39.56 crore

• Stay order granted until next hearing

• Positive outlook for hospitality sector due to strong demand

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, 16:09 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

CHALET closed −1.0% on the day of the news, from ₹870.65 to ₹862.10; Nifty −1.4% over the same session.

Bulletin at 16:09 IST on 18 Feb 2026. Every change is measured from ₹870.65, the last close before it, on 18 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 it744.23870.65997.07axis spans 34%before the news · 18 Feb870.65Nifty 50CHALETbulletinD0+1+3+512 Feb24 Feb6 MarReference close ₹870.65. 16 sessions from 12 Feb to 6 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 %
Before18 Feb₹870.65basebase
On the day19 Feb₹862.10▼ −1.0%▼ −1.4%+0.4 pp difference
+1 session20 Feb₹863.85▼ −0.8%▼ −1.0%+0.2 pp difference
+3 sessions24 Feb₹843.75▼ −3.1%▼ −1.5%−1.6 pp difference
+5 sessions26 Feb₹824.85▼ −5.3%▼ −1.3%−4.0 pp difference
Gap at the open, % · ₹
▼ −0.3%−2.44 on 19 Feb
Day's range, % · ₹
2.9%≈ 25 high to low
Volume on the day
2.09×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
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