Indian Hotels Company gains on opening Ekante Bliss in Tirupati
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Indian Hotels Company is currently trading at Rs. 529.90, up by 2.40 points or 0.45% from its previous closing of Rs. 527.50 on the BSE.
The scrip opened at Rs. 529.00 and has touched a high and low of Rs. 530.00 and Rs. 526.00 respectively. So far 14980 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 538.50 on 12-Feb-2024 and a 52 week low of Rs. 298.20 on 22-Feb-2023.
Last one week high and low of the scrip stood at Rs. 538.50 and Rs. 515.55 respectively. The current market cap of the company is Rs. 75029.11 crore.
The promoters holding in the company stood at 38.12%, while Institutions and Non-Institutions held 45.61% and 16.28% respectively.
Indian Hotels Company (IHCL) has opened Ekante Bliss, an IHCL SeleQtions branded hotel in Tirupati, Andhra Pradesh. The city is home to the sacred shrine of Tirumala Venkateswara Temple. The 113-key Ekante Bliss - IHCL SeleQtions is strategically located in the heart of the city, a convenient drive from Tirupati Airport, and offers a captivating view of the Tirumala temple. The hotel’s elegant decor, inspired by the temple, incorporates refined design elements that pay tribute to this iconic spiritual site. Guests can indulge in an array of culinary delights at Vyom, the all-day diner, Azure the open-air cafe, unwind at Amruth the bar, or rejuvenate at the swimming pool and a state-of-the-art fitness centre.
The hotel also features expansive event spaces, complete with versatile pre-function areas, perfectly suited for hosting both intimate gatherings and lavish celebrations. With the addition of this hotel, IHCL will have six hotels across Taj, SeleQtions, Vivanta and Ginger in Andhra Pradesh including one under development.
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.
