Indian Hotels Company surges on opening Raajkutir in Kolkata
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
The Indian Hotels Company is currently trading at Rs. 210.10, up by 1.25 points or 0.60% from its previous closing of Rs. 208.85 on the BSE.
The scrip opened at Rs. 213.45 and has touched a high and low of Rs. 214.15 and Rs. 209.00 respectively. So far 219701 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 230.25 on 14-Oct-2021 and a 52 week low of Rs. 90.94 on 22-Apr-2021.
Last one week high and low of the scrip stood at Rs. 214.15 and Rs. 198.00 respectively. The current market cap of the company is Rs. 27821.86 crore.
The promoters holding in the company stood at 40.75%, while Institutions and Non-Institutions held 40.55% and 18.70% respectively.
Indian Hotels Company (IHCL) has opened Raajkutir, an IHCL SeleQtions hotel in Kolkata, West Bengal. The heritage-inspired hotel embodies the spirit of quintessential Bengal Renaissance.
With the addition of this hotel, IHCL will have six hotels across brands in Kolkata, including two under development; and it also takes the total SeleQtions portfolio to 24 hotels including 18 in operation.
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.
