Indian Hotels Company gains on installing EV charging stations across properties

Indian Hotels Company is currently trading at Rs. 322.15, up by 0.15 points or 0.05% from its previous closing of Rs. 322.00 on the BSE.

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The scrip opened at Rs. 322.00 and has touched a high and low of Rs. 323.00 and Rs. 319.15 respectively. So far 116215 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 348.70 on 06-Oct-2022 and a 52 week low of Rs. 171.15 on 29-Nov-2021.

Last one week high and low of the scrip stood at Rs. 323.70 and Rs. 312.00 respectively. The current market cap of the company is Rs. 45594.83 crore.

The promoters holding in the company stood at 38.19%, while Institutions and Non-Institutions held 44.76% and 17.05% respectively.

Indian Hotels Company (IHCL) has installed 224 electric vehicle (EV) charging stations at 92 of its properties. These EV charging points, in collaboration with Tata Power, are present across various Taj, SeleQtions, Vivanta, Ginger and ama Stays & Trails properties across the country.

The move is aligned with IHCL’s commitment to cater to the evolving needs of its environmentally conscious customers by reducing their carbon footprint in travel and assisting in the further adaptation of sustainable means of living.

These chargers can be accessed by the guests staying at various IHCL properties, allowing them to experience the reliable and worry-free facility, while discovering breath-taking destinations across the country. With this initiative, driving vacations in electric vehicles will now be even more accessible for guests.

With a long term vision of driving responsible tourism, IHCL has announced its sustainability commitments for the year 2030 under Paathya. IHCL will continue to pioneer sustainable practices in its pursuit towards excellence and creating benchmark in the tourism industry.

Indian Hotels Company and its subsidiaries are collectively known as Taj Hotels Resorts and Palaces and recognized as one of Asia’s largest and finest hotel company. It operates in the luxury, premium, midmarket and value segments of the market.

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