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Indian Hotels Company surges on enhancing presence in Rajasthan

14 Aug 2024 Evaluate

Indian Hotels Company is currently trading at Rs. 611.55, up by 0.85 points or 0.14% from its previous closing of Rs. 610.70 on the BSE.

The scrip opened at Rs. 611.05 and has touched a high and low of Rs. 612.60 and Rs. 599.45 respectively. So far 28414 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 663.40 on 26-Jun-2024 and a 52 week low of Rs. 371.45 on 27-Oct-2023.

Last one week high and low of the scrip stood at Rs. 629.35 and Rs. 599.45 respectively. The current market cap of the company is Rs. 86914.77 crore.

The promoters holding in the company stood at 38.12%, while Institutions and Non-Institutions held 45.62% and 16.27% respectively.

Indian Hotels Company (IHCL) has signed a resort in Sawai Madhopur, Rajasthan. This Greenfield project will be branded a Gateway resort. With the addition of this hotel, IHCL will have 30 hotels in Rajasthan including 9 under development.

Strategically located on NE4, the 200-key Gateway - Sawai Madhopur, Rajasthan provides easy accessibility to the region's renowned attractions. The resort features an array of culinary delights, including an all-day diner, bar, specialty restaurant, and lounge. 

It will boast an extensive banquet space spanning over 15,000 sq. ft., making it an ideal venue for grand celebrations and corporate events. Guests can also unwind and rejuvenate at the spa, state-of-the-art gym, and swimming pool.

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

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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