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Indian Hotels surges on plans to open 19 new properties under Gateway Hotels brand

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

26 Aug 2013 Evaluate

Indian Hotels is currently trading at Rs. 42.15, up by 0.50 points or 1.20% from its previous closing of Rs. 41.65 on the BSE.

The scrip opened at Rs. 42.35 and has touched a high and low of Rs. 42.95 and Rs. 41.75 respectively. So far 45083 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. 37.55 on 06-Aug-2013.

Last one week high and low of the scrip stood at Rs. 44.00 and Rs. 40.10 respectively. The current market cap of the company is Rs. 3399.46 crore.

The promoters holding in the company stood at 37.53% while Institutions and Non-Institutions held 36.93% and 25.51% respectively.

As part of its expansion plan, Indian Hotels Company will open 19 new properties under ‘The Gateway Hotels and Resorts’ brand in four years. With this, the hospitality company will take the total tally of hotels under the brand to 42.

The Tata Group firm, which currently has around 2,200 rooms under the Gateway portfolio, will thereby add another 2,000 rooms to its present strength. The new hotels will come up at Kolkata, Raipur, Pune, Hyderabad, NCR, Corbett Park, Bangaluru and Gondia in Maharashtra, among others.

The Indian Hotels Company and its subsidiaries are collectively known as Taj Hotels Resorts and Palaces and is recognized as one of Asia's largest and finest hotel company. IHCL operate in the luxury, premium, mid-market and value segments of the market. Ginger (economy hotels) is IHCL’s revolutionary concept in hospitality.

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 surges on plans to open 19 new properties under Gateway Hotels brand

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