11-10-2022 12:35 PM | Source: Accord Fintech
Indian Hotels Company jumps on introducing Italian restaurant `Paper Moon` in Goa
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The Indian Hotels Company is currently trading at Rs. 341.25, up by 3.65 points or 1.08% from its previous closing of Rs. 337.60 on the BSE.

The scrip opened at Rs. 335.15 and has touched a high and low of Rs. 343.10 and Rs. 331.95 respectively. So far 163904 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 348.70 on 06-Oct-2022 and a 52 week low of Rs. 171.15 on 29-Nov-2021.

Last one week high and low of the scrip stood at Rs. 347.95 and Rs. 331.95 respectively. The current market cap of the company is Rs. 48009.51 crore.

The promoters holding in the company stood at 38.19%, while Institutions and Non-Institutions held 45.57% and 16.24% respectively.

Indian Hotels Company (IHCL) has introduced the Italian restaurant, Paper Moon in Goa. This marks the debut of the brand in India, which will bring alive authentic Italian gastronomic tradition. Located in the historic settings of Taj Fort Aguada Resort and Spa, Goa, Paper Moon overlooks the historic 16th century coastal fort and the Arabian Sea, offering guests a culinary experience with a view.

Paper Moon, which opened its first restaurant in Milan in 1977, will present its trademark traditional Italian cuisine at its new outpost, which reflects Goa’s vibrant spirit. Crafted using the freshest produce, the menu at Paper Moon changes with the season. An exquisite choice of ingredients will allow guests to experience a fresh variety of delicacies every season. Combined with the warmth of Taj’s legendary hospitality and service excellence, Paper Moon will bring alive the magic of a true Italian culinary experience in the heart of Goa.

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.