Indian Hotels Company moves up on unveiling ‘The Maharaja Suite’ in New Delhi

The Indian Hotels Company is currently trading at Rs. 361.60, up by 5.00 points or 1.40% from its previous closing of Rs. 356.60 on the BSE.

The scrip opened at Rs. 359.95 and has touched a high and low of Rs. 364.20 and Rs. 357.25 respectively. So far 70383 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 364.20 on 05-May-2023 and a 52 week low of Rs. 207.25 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 364.20 and Rs. 340.10 respectively. The current market cap of the company is Rs. 51624.42 crore.

The promoters holding in the company stood at 38.19%, while Institutions and Non-Institutions held 45.83% and 15.98% respectively.

Indian Hotels Company (IHCL) has unveiled The Maharaja Suite at the capital’s landmark, Taj Mahal, New Delhi. The suite design is a tribute to the world-renowned symbol of Air India, welcoming the national carrier back in the folds of Tata group. Designed by Bobby Mukherji and Associates, introduction of The Maharaja Suite also marks the completion of the renovation of the marquee Taj Mahal, New Delhi.

A journey through time, The Maharaja Suite, offers a uniquely themed master bedroom, dining room, an enclosed balcony lounge, and a study paying homage to the pioneer of Indian aviation. The characteristic style, wit and warmth of the Maharaja comes alive in its specially-commissioned furniture and artworks. Maharaja’s distinctive moustache takes centre stage in the upholstery and aviation aesthetics in the airplane styled windows, lounge chair, luggage elements and the deep red in the doors and ceiling.

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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