Indian Hotels Company gains on opening Vivanta hotel in Jamshedpur
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The Indian Hotels Company is currently trading at Rs. 612.60, up by 8.40 points or 1.39% from its previous closing of Rs. 604.20 on the BSE.
The scrip opened at Rs. 611.00 and has touched a high and low of Rs. 615.30 and Rs. 606.65 respectively. So far 20972 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 622.25 on 04-Apr-2024 and a 52 week low of Rs. 335.15 on 25-Apr-2023.
Last one week high and low of the scrip stood at Rs. 615.30 and Rs. 579.50 respectively. The current market cap of the company is Rs. 86003.78 crore.
The promoters holding in the company stood at 38.12%, while Institutions and Non-Institutions held 45.26% and 16.63% respectively.
Indian Hotels Company (IHCL) has opened a Vivanta hotel in Jamshedpur, Jharkhand. Located in the heart of the city, the hotel is a seamless blend of contemporary elegance and local tribal heritage. Vivanta Jamshedpur is strategically situated on Golmuri Road with each of the 95 well-appointed rooms offering picturesque hill views. Guests can indulge in a variety of culinary delights at Mynt, the signature all-day diner, Red Pearl, the Pan-Asian restaurant and poolside grills at The Grill. Wink, the chic bar, serves up exotic cocktails. The wellness facilities include a gymnasium and a rooftop swimming pool for relaxation. The hotel offers over 10,000 sq. ft. of indoor and outdoor banqueting space, ideal for corporate gatherings and social events. With the addition of this hotel, IHCL will have two hotels across Vivanta and Ginger brands in Jharkhand.
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.
