Indian Hotels Company Ltd (IHCL) is seeing a rise in its stock price, trading at Rs. 659.00, up by 3.00 points or 0.46% from its previous close of Rs. 656.00 on the BSE. The stock opened at Rs. 650.15 and has moved between a high of Rs. 662.70 and a low of Rs. 648.95 during the trading session, with 29,652 shares exchanged.

The company, which is part of the BSE group 'A', has a face value of Rs. 1 and reached its 52-week high of Rs. 720.60 on 24-Sep-2024 and a low of Rs. 371.45 on 27-Oct-2023. Over the past week, the scrip has traded between Rs. 714.30 and Rs. 648.95. The company’s market capitalization currently stands at Rs. 94,039.05 crore.

Promoter holdings in IHCL are at 38.12%, while institutional and non-institutional investors hold 46.23% and 15.64% respectively.

IHCL has recently signed its seventh Ginger hotel in the Mumbai Metropolitan Region, located in Bhiwandi, Maharashtra. This new property is a greenfield project that aligns with Ginger's modern, lean luxe design, aiming to offer both business and leisure guests vibrant and contemporary amenities. This brings IHCL’s total number of hotels in Maharashtra to 37, with 13 still under development.

Situated along the Mumbai-Nashik Highway, the new 151-room Ginger Bhiwandi, MMR hotel will feature the brand’s popular Qmin restaurant, a fitness center, swimming pool, and versatile event spaces, including a 2,000 sq. ft. banquet hall and meeting rooms.

Indian Hotels Company, known for its Taj Hotels Resorts and Palaces, operates across luxury, premium, midmarket, and budget categories, solidifying its position as one of Asia's leading hotel companies.