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Indian Hotels shines as its arm launches first hotel in Chandigarh

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

03 Feb 2014 Evaluate

Indian Hotels Company is currently trading at Rs. 58.10, up by 0.05 points or 0.09% from its previous closing of Rs. 58.05 on the BSE.

The scrip opened at Rs. 57.85 and has touched a high and low of Rs. 58.30 and Rs. 57.25 respectively. So far 9,679 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 63.70 on 12-Feb-2013 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. 59.45 and Rs. 56.00 respectively. The current market cap of the company is Rs. 4,691.00 crore.

The promoters holding in the company stood at 37.53% while Institutions and Non-Institutions held 37.65% and 24.78% respectively.

The Indian Hotels Company’s (IHCL) subsidiary - Roots Corporation’s Ginger Hotels, has launched its first hotel at Chandigarh in Punjab. With the launch of its new hotel, Ginger now has the largest pan India presence with 30 hotels across India and more in the pipeline.

The hotel which will cater to the industrial and commercial sectors is based on the unique concept of ‘Smart Basics’ that exemplifies smart and chic services, all at an affordable price point. Ginger Chandigarh is a perfect choice for business travelers at an inaugural offering of Rs 2,199 for single occupancy and Rs 2,699 double occupancy.

Roots Corporation has entered into an agreement for managing the 102-room hotel owned by Hind Inns and Hotels. The launch of this property will mark Hind Inns and Hotels foray in to the hospitality sector.

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 shines as its arm launches first hotel in Chandigarh

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