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Indian Hotels Company is currently trading at Rs. 760.00, up by 3.65 points or 0.48% from its previous closing of Rs. 756.35 on the BSE.

The scrip opened at Rs. 760.00 and has touched a high and low of Rs. 764.25 and Rs. 758.00 respectively. So far 8244 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 894.15 on 30-Dec-2024 and a 52 week low of Rs. 450.55 on 18-Jan-2024.

Last one week high and low of the scrip stood at Rs. 857.80 and Rs. 754.85 respectively. The current market cap of the company is Rs. 108330.31 crore.

The promoters holding in the company stood at 38.12%, while Institutions and Non-Institutions held 46.23% and 15.64% respectively.

Indian Hotels Company (IHCL) has completed the acquisition of 7,989 equity shares of Rs 22,100 each, representing 55% of the issued and paid-up share capital of Rajscape Hotels for a total consideration of around Rs 17.66 crore. Pursuant to acquisition of shares, Rajscape Hotels has become a subsidiary of the company as per the Regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. 

Rajscape Hotels manages 16 properties under the brand ‘Tree of Life Resorts & Hotels’, a luxury hospitality brand that specializes in boutique properties offering immersive and experiential stays. The brand operates these properties in offbeat destinations across India, with a focus on creating tranquil escapes in scenic locations. The company now has access to an additional brand and provides expansion opportunity in space of small boutique and experiential stays segment where the company can pursue as asset light growth strategy. 

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.