Indian Hotels Company jumps on opening Gorbandh Palace in Rajasthan
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The Indian Hotels Company is currently trading at Rs. 472.95, up by 9.35 points or 2.02% from its previous closing of Rs. 463.60 on the BSE.
The scrip opened at Rs. 468.00 and has touched a high and low of Rs. 475.80 and Rs. 465.50 respectively. So far 104915 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 478.75 on 16-Jan-2024 and a 52 week low of Rs. 280.20 on 27-Jan-2023.
Last one week high and low of the scrip stood at Rs. 478.75 and Rs. 450.55 respectively. The current market cap of the company is Rs. 67371.05 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 Gorbandh Palace, an IHCL SeleQtions hotel in Jaisalmer, Rajasthan. Nestled in the heart of the Thar Desert, the hotel is a melange of modern comfort that blends seamlessly with old-world Rajasthani legacy. With this addition, IHCL has 23 hotels across Taj, SeleQtions, Vivanta and Ginger in Rajasthan, including 7 under development.
The 83-key sprawling Gorbandh Palace, Jaisalmer - IHCL SeleQtions is a regal oasis set amidst lush gardens in the heart of Jaisalmer. Named after the traditional ornamental camel necklace, symbolic of Rajasthani tribes, hotel’s design pays homage to Jaisalmer’s storied past. Guests can indulge in multi-cuisine fare at the all-day diner Bazaar, relish Italian cuisine at Seray and handcrafted cocktails at the bar Musafir Khana. With over 80,000 sq. ft of outdoor lawns and an ornate banquet hall of over 3,000 sq. ft, the hotel is an ideal destination for glamorous soirees and corporate retreats. The Spa offers holistic rejuvenation rooted in India’s ancient healing wisdom.
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.
