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Indian Hotels Company advances as its subsidiary launches first Ginger Hotel in Visakhapatnam

The Indian Hotels Company Ltd. | Hotel, Resort & Restaurants | Travel & Hospitality | BSE: 500850 | NSE: INDHOTEL

04 Dec 2014 Evaluate

The Indian Hotels Company (IHCL) is currently trading at Rs. 123.20, up by 0.95 points or 0.78% from its previous closing of Rs. 122.25 on the BSE.

The scrip opened at Rs. 122.00 and has touched a high and low of Rs. 123.55 and Rs. 119.80 respectively. So far 142892 shares were traded on the counter.

The BSE group 'A ' stock of face value Rs. 1 has touched a 52 week high of Rs. 122.75 on 03-Dec-2014 and a 52 week low of Rs. 48.30 on 03-Dec-2013.

Last one week high and low of the scrip stood at Rs. 122.75 and Rs. 104.55 respectively. The current market cap of the company is Rs. 9944.03 crore.

The promoters holding in the company stood at 37.53 % while Institutions and Non-Institutions held 41.14 % and 21.31 % respectively.

The Indian Hotels Company’s (IHCL) subsidiary - Roots Corporation’s Ginger Hotels, has launched its first hotel in Visakhapatnam. Located at Dwaraka Nagar, the hotel is easily accessible from key business and leisure hubs in the city. With the launch of its new hotel, Ginger now has 31 hotels in its portfolio.

The hotel comprises of 72 smartly furnished rooms designed to make guests’ stay comfortable and convenient. All rooms are furnished with well-appointed amenities such as mini-fridge, satellite television, self-controlled air-conditioner etc. The rooms are also furnished with a workstation to make business on the go productive. The hotel offers complimentary Wi-Fi to all resident guests helping the modern business traveller to stay connected.

The entry of Ginger Hotels into the port city follows the recent announcement to make Vizag a top international tourism spot by developing the Vizag- Bhimli corridor with world-class infrastructure. Key tourist hubs such as Araku and Lambasingi make it an ideal leisure destination as well.

Indian Hotel Share Price

659.55 6.25 (0.96%)

17-Apr-2026 16:59 View Price Chart

Peers

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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Indian Hotels Company advances as its subsidiary launches first Ginger Hotel in Visakhapatnam

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