Indian Hotels Company is currently trading at Rs. 311.60, up by 1.25 points or 0.40% from its previous closing of Rs. 310.35 on the BSE.
The scrip opened at Rs. 310.35 and has touched a high and low of Rs. 314.15 and Rs. 308.70 respectively. So far 56723 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. 180.75 on 07-Mar-2022.
Last one week high and low of the scrip stood at Rs. 315.75 and Rs. 306.80 respectively. The current market cap of the company is Rs. 44153.12 crore.
The promoters holding in the company stood at 38.19%, while Institutions and Non-Institutions held 45.57% and 16.24% respectively.
Indian Hotels Company (IHCL) has signed two Taj-branded resorts on the islands of Suheli and Kadmat in Lakshadweep. Best Crypto News
The Greenfield projects are slated to open in 2026, and will be developed by IHCL. Lakshadweep, India’s smallest Union Territory, is an archipelago of 36 islands in the Arabian Sea, and is known for its scenic beauty with exotic beaches, coral reefs and lagoons. It is a haven for water sports including scuba diving, windsurfing, snorkelling, surfing, water skiing, and yachting.
Suheli is a ring-shaped island with a coral reef rim that encircles a lagoon and is rich in marine life. The Taj at Suheli will have 110 rooms including 60 villas on the beach and 50 water villas.
A coral island with a large lagoon, Kadmat Island, also known as Cardamom Island, is a marine protected area with seagrass beds, which are a nestling ground for marine turtles.
Featuring 110 rooms, the Taj hotel at Kadmat will comprise of 75 beach villas and 35 water villas.
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.