The Indian Hotels Company is currently trading at Rs. 102.00, up by 0.60 points or 0.59 % from its previous closing of Rs. 101.40 on the BSE.
The scrip opened at Rs. 101.60 and has touched a high and low of Rs. 102.60 and Rs. 100.65 respectively. So far 22637 shares were traded on the counter.
The BSE group 'A' stock of face value Re. 1 has touched a 52 week high of Rs. 104.80 on 11-Jun-2014 and a 52 week low of Rs. 37.55 on 06-Aug-2013.
Last one week high and low of the scrip stood at Rs. 104.80 and Rs. 95.95 respectively. The current market cap of the company is Rs. 8195.85 crore.
The promoters holding in the company stood at 37.53 % while Institutions and Non-Institutions held 38.40 % and 24.04 % respectively.
Indian Hotels Company is all set to launch 12 new properties this year. These new launches include a 283-room Taj hotel near the domestic airport and a 250-room Vivanta by Taj hotel in New Delhi this year. These 12 properties would add about 1,500 rooms to the company’s global inventory, increasing its tally to about 17,000 rooms across 137 properties.
The new hotels would be launched under the company’s four brands Taj, Vivanta by Taj, Gateway and Ginger. The launches would be under various models viz. ownership, management contracts and joint ventures, according to an Indian Hotels Company presentation.
Last financial year, the company inaugurated seven properties (1,060 rooms overall), but did not launch any property under the Taj brand.
| Company Name | CMP |
|---|---|
| Indian Hotel | 659.55 |
| ITC Hotels | 162.45 |
| EIH | 321.55 |
| Chalet Hotels | 778.90 |
| Mahindra Holi.&Resor | 272.70 |
| View more.. | |
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