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Indian Hotels Company gains on planning to expand food delivery platform in 25 cities over next 2 years

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

30 Jun 2021 Evaluate

The Indian Hotels Company is currently trading at Rs. 144.70, up by 2.30 points or 1.62% from its previous closing of Rs. 142.40 on the BSE.

The scrip opened at Rs. 144.40 and has touched a high and low of Rs. 145.20 and Rs. 142.00 respectively. So far 95541 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 150.60 on 25-Jun-2021 and a 52 week low of Rs. 76.15 on 31-Jul-2020.

Last one week high and low of the scrip stood at Rs. 150.60 and Rs. 140.65 respectively. The current market cap of the company is Rs. 17226.41 crore.

The promoters holding in the company stood at 40.75%, while Institutions and Non-Institutions held 41.43% and 17.81% respectively.

Indian Hotels Company (IHCL) is planning to expand the reach of its food delivery platform, Qmin, targeting presence in 25 cities over the next two years. Qmin has also introduced the Qmin Food Truck service to cater to the need of on-the-go meals in Mumbai and plans to bring it to metro cities across India, including Bangalore and Delhi, followed by tier-two cities. The Qmin Food Truck will address the need for quick and easy meals for those on the go.

Youngest brand Qmin is now a full- fledged vertical, addressing multiple segments of the market. It is slated to be in 25 cities in total, with 6-8 trucks rolling out over the next 2 years.

Indian Hotels Company and its subsidiaries are collectively known as Taj Hotels Resorts and Palaces and recognized as one of Asia's largest and finest hotel company. It operates in the luxury, premium, midmarket and value segments of the market.

Indian Hotel Share Price

666.05 8.55 (1.30%)

21-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Indian Hotel	666.05
ITC Hotels	164.95
EIH	339.50
Chalet Hotels	803.25
Mahindra Holi.&Resor	269.45
View more..

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Indian Hotels Company gains on planning to expand food delivery platform in 25 cities over next 2 years

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