Indian Hotels Company Limited (IHCL) saw its stock price rise to ₹792.60 on the BSE, gaining ₹13.90 or 1.79% from its previous close of ₹778.70. The stock opened at ₹778.50, hitting an intraday high of ₹792.90 and a low of ₹778.50, with 30,323 shares traded so far.

IHCL's stock, with a face value of ₹1, touched a 52-week high of ₹814.65 on November 25, 2024, and a 52-week low of ₹416.15 on December 21, 2023. Its market capitalization stands at ₹1,12,629.07 crore. Promoters hold a 38.12% stake in the company, while institutional and non-institutional investors own 46.23% and 15.64%, respectively.

IHCL has announced a new resort project in Kandla, Gujarat, under the Gateway brand. This will bring the company’s total presence in Gujarat to 25 hotels, including six under development.

The upcoming resort will span over eight acres and feature 93 rooms. It will be located near Kandla Airport, offering guests access to all-day dining, specialty restaurants, a modern gym, and a swimming pool. Additionally, the resort boasts a 19,000 sq. ft. banquet space, ideal for large events, corporate meetings, and destination weddings.

IHCL, operating as Taj Hotels Resorts and Palaces, is one of Asia’s largest and most esteemed hospitality brands, catering to luxury, premium, and mid-market segments.