Indian Hotels Company is currently trading at Rs. 54.75, down by 0.50 points or 0.90 % from its previous closing of Rs. 55.25 on the BSE.
The scrip opened at Rs. 55.00 and has touched a high and low of Rs. 55.25 and Rs. 54.25 respectively. So far 16475 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 71.75 on 18-Oct-2012 and a 52 week low of Rs. 51.30 on 12-Nov-2012.
Last one week high and low of the scrip stood at Rs. 57.00 and Rs. 53.70 respectively. The current market cap of the company is Rs. 4416.88 crore.
The promoters holding in the company stood at 37.53% while Institutions and Non-Institutions held 35.83% and 26.60% respectively.
Indian Hotels Company has filed an injunction suit against NDMC in the High Court of Delhi, New Delhi to protect its position in the matter pertaining to the renewal of license of Taj Mahal Hotel, New Delhi. The company has filed an injunction suit on April 04, 2013.
Indian Hotels Company and its subsidiaries are collectively known as Taj Hotels Resorts and Palaces. The Taj Hotels Resorts and Palaces currently has 93 hotels in 55 locations across India with an additional 16 international hotels in the Maldives, Malaysia, Australia, UK, USA, Bhutan, Sri Lanka, Africa and the Middle East.
