Indian Hotels Company is currently trading at Rs. 601.95, marking an increase of 5.55 points or 0.93% from its previous close of Rs. 596.40 on the BSE.
The stock opened at Rs. 608.75 and reached a high of Rs. 608.75 and a low of Rs. 600.90. So far, 16,180 shares have been traded on this counter.
The BSE group 'A' stock, with a face value of Rs. 1, recorded a 52-week high of Rs. 663.40 on June 26, 2024, and a 52-week low of Rs. 371.45 on October 27, 2023.
Over the past week, the stock has seen a high of Rs. 643.00 and a low of Rs. 595.00. The current market capitalization of the company stands at Rs. 85,975.31 crore.
The company's promoters hold 38.12% of the shares, while institutional and non-institutional investors hold 45.62% and 16.27%, respectively.
Indian Hotels Company (IHCL) has announced the signing of a new hotel in Nadiad, Gujarat. This hotel will be part of the IHCL-SeleQtions brand. Located on the Golden Quadrilateral road along the Mumbai-Ahmedabad Highway, the 108-room IHCL SeleQtions Nadiad-Ahmedabad, Gujarat will feature an all-day diner, a gym, a swimming pool, and a spa. The hotel will also offer over 10,000 sq. ft. of banqueting space, including meeting rooms, pre-function areas, and open lawns for weddings and large events. With this addition, IHCL will have 25 hotels in Gujarat, including six currently under development.
Indian Hotels Company and its subsidiaries, collectively known as Taj Hotels Resorts and Palaces, are recognized as one of Asia's largest and finest hotel companies, operating across luxury, premium, mid-market, and value segments.