Indian Hotels Company is currently trading at Rs. 363.95, up by 10.75 points or 3.04% from its previous closing of Rs. 353.20 on the BSE.
The scrip opened at Rs. 353.30 and has touched a high and low of Rs. 371.60 and Rs. 353.30 respectively. So far 229050 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 377.80 on 09-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. 375.90 and Rs. 350.45 respectively. The current market cap of the company is Rs. 51773.57 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 signed a Taj branded hotel at Indira Gandhi International Airport’s Terminal 3 in New Delhi. The 400-keys hotel will be strategically situated adjacent to the Indira Gandhi International Airport’s Terminal 3, an integrated terminal used for both international and domestic flights in New Delhi. It is in proximity to Aero City, one of the largest business districts in the country.
The wide range of facilities will include an all-day diner, a specialty restaurant, a bar, and a lobby lounge. The hotel will also be equipped with over 6,000 square feet of banqueting space and flexible meeting rooms. Recreational facilities will include a spa, swimming pool, and gym. With the addition of this hotel, IHCL will have 15 hotels across Taj, SeleQtions, Vivanta and Ginger brands across the National Capital Region including three under development.
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.