Indian Hotels Company gains on opening SeleQtions hotel in Rajasthan
The Indian Hotels Company is currently trading at Rs. 820.40, up by 10.00 points or 1.23% from its previous closing of Rs. 810.40 on the BSE.
The scrip opened at Rs. 816.85 and has touched a high and low of Rs. 820.80 and Rs. 810.00 respectively. So far 34678 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 820.80 on 05-Dec-2024 and a 52 week low of Rs. 416.15 on 21-Dec-2023.
Last one week high and low of the scrip stood at Rs. 820.80 and Rs. 778.50 respectively. The current market cap of the company is Rs. 116095.13 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 opened Raajsa, Kumbhalgarh - IHCL SeleQtions in Rajasthan. Nestled at the foothills of the Aravalli range, the resort epitomizes timeless heritage combined with contemporary luxury. With the addition of this hotel, IHCL will have 29 hotels in Rajasthan including 08 under development.
Located near the iconic Kumbhalgarh Fort, the 175-key Raajsa, Kumbhalgarh - IHCL SeleQtions offers panoramic vistas of the Aravali hills and the serene Lakhela Lake. Constructed in the distinctive style of a fort, the grand fortress-styled door is a masterpiece of traditional Rajasthani architecture. At the heart of the resort lies a picturesque courtyard, creating an atmosphere of tranquillity and grandeur.
The resort’s culinary offerings include Pangat, a multicuisine restaurant serving vegetarian Asian and Indian specialties, and Aakhali, a lounge and coffee shop, perfect for relaxed conversations. Guests can also enjoy the resort’s outdoor pool, a serene oasis that perfectly complements the resort’s allure and natural beauty.
Ideal for hosting a variety of events, the resort features exceptional banqueting spaces. The expansive Darbar Hall, a pillar-less venue with intricate detailing and plush furnishings, serves as the perfect backdrop for grand celebrations while Darikhana and Choupal provide a modern and elegant setting for small conferences and intimate gatherings.
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.
