Indian Hotels Company inches up on signing SeleQtions hotel in Bengaluru
The Indian Hotels Company is currently trading at Rs. 688.60, up by 1.10 points or 0.16% from its previous closing of Rs. 687.50 on the BSE.
The scrip opened at Rs. 685.00 and has touched a high and low of Rs. 690.70 and Rs. 682.05 respectively. So far 16929 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 858.85 on 25-Mar-2025 and a 52 week low of Rs. 626.65 on 01-Feb-2026.
Last one week high and low of the scrip stood at Rs. 718.70 and Rs. 682.05 respectively. The current market cap of the company is Rs. 98088.71 crore.
The promoters holding in the company stood at 38.12%, while Institutions and Non-Institutions held 45.87% and 16.02% respectively.
Indian Hotels Company (IHCL) has signed a SeleQtions hotel in Devanahalli, Bengaluru, a conversion of a standalone resort with expansion of inventory to 120 keys. The 115-key SeleQtions Prakruthi Resort, Devanahalli, Bengaluru, will feature an eclectic culinary offering, including an all-day diner, a specialty restaurant, a bar and a lounge. Guests can enjoy wellness and recreational facilities such as a spa, gym and swimming pool.
With the addition of this hotel, IHCL will have 20 hotels in Bengaluru, including 11 under development.
