Indian Hotels Company climbs on opening Bombay Brasserie in Singapore

23 Feb 2024 Evaluate

Indian Hotels Company is currently trading at Rs. 595.00, up by 16.15 points or 2.79% from its previous closing of Rs. 578.85 on the BSE.

The scrip opened at Rs. 580.00 and has touched a high and low of Rs. 602.75 and Rs. 579.20 respectively. So far 359309 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 602.75 on 23-Feb-2024 and a 52 week low of Rs. 300.00 on 23-Feb-2023.

Last one week high and low of the scrip stood at Rs. 602.75 and Rs. 535.25 respectively. The current market cap of the company is Rs. 84744.04 crore.

The promoters holding in the company stood at 38.12%, while Institutions and Non-Institutions held 45.61% and 16.28% respectively.

Indian Hotels Company (IHCL) has opened Bombay Brasserie, the iconic restaurant destination, famed for its authentic, eclectic Bombay and Indian cuisine. Located in the heart of Singapore at the South Beach, the launch marks Bombay Brasserie’s first foray in the region. Located in the heart of Singapore, Bombay Brasserie is a tryst between classic and contemporary, offering culinary innovation to its discerning guests. The cuisine draws on from Parsi cafes, seafood restaurants, famous chaat street food and delicate flavours of Continental fare.

This unique combination of tradition and innovation sets Bombay Brasserie apart as a destination for culinary enthusiasts seeking an extraordinary dining experience. The restaurant’s beverage philosophy is about Brasserie-style selection including cocktails such as The Bombay Blazer and Queen’s Necklace, all inspired by the colonial era of Bombay, each one telling tales of the vibrant neighbourhoods they hail from.

The restaurant's design combines the aesthetic of Bombay’s Parsis and Anglo-Indian elements with the classic charm of a French brasserie. The ambience is curated to create a warm and inviting atmosphere, making it the perfect destination for a casual lunch, a romantic dinner, or a celebratory feast with friends and family.

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

558.25 1.45 (0.26%)
31-May-2024 16:01 View Price Chart
Peers
Company Name CMP
Indian Hotel 558.25
EIH 437.05
Mahindra Holi.&Resor 402.80
Chalet Hotels 784.95
Lemon Tree Hotels 136.20
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