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The Indian Hotels Company is currently trading at Rs. 225.10, up by 6.55 points or 3.00% from its previous closing of Rs. 218.55 on the BSE.

The scrip opened at Rs. 219.10 and has touched a high and low of Rs. 229.15 and Rs. 217.25 respectively. So far 296699 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 268.85 on 04-May-2022 and a 52 week low of Rs. 108.87 on 14-May-2021.

Last one week high and low of the scrip stood at Rs. 249.55 and Rs. 216.25 respectively. The current market cap of the company is Rs. 31802.75 crore.

The promoters holding in the company stood at 38.19%, while Institutions and Non-Institutions held 44.67% and 17.14% respectively.

Indian Hotels Company (IHCL) has signed a Vivanta hotel in Thane, Maharashtra. Located in the heart of the city on LBS Road, the existing hotel will be upgraded into the Vivanta brand post renovation. This is a management contract with NSM Hotels. With the addition of this hotel, IHCL will have 13 hotels in Mumbai including four under development.

The 99-rooms Vivanta hotel is strategically located near the intersection of Eastern Express Way and Ghodbunder Road, a vital commercial and residential area slated to be connected by the upcoming phase of the Mumbai Metro project. Dining options at the hotel will include Mynt, the all-day dining restaurant, and a bar. Recreational facilities will include a pool, fitness center and spa. The hotel will also feature banqueting halls with meeting rooms for social and business gatherings. It is a Brownfield project slated to open in 2023.

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.