Indian Hotels Company jumps on signing SeleQtions hotel in West Bengal
The Indian Hotels Company is currently trading at Rs. 637.30, up by 16.00 points or 2.58% from its previous closing of Rs. 621.30 on the BSE.
The scrip opened at Rs. 629.35 and has touched a high and low of Rs. 641.75 and Rs. 622.05 respectively. So far 19880 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. 595.00 on 16-Mar-2026.
Last one week high and low of the scrip stood at Rs. 641.75 and Rs. 595.00 respectively. The current market cap of the company is Rs. 90501.82 crore.
The promoters holding in the company stood at 38.12%, while Institutions and Non-Institutions held 45.86% and 16.02% respectively.
Indian Hotels Company has signed SeleQtions hotel in Digha, West Bengal. This is a greenfield project. The 56-key IHCL SeleQtions Digha, West Bengal features an all-day dining restaurant and a bar. For social gatherings and meetings, the hotel offers spacious meeting venues. The recreational amenities include a swimming pool, a fitness centre and a spa. Situated along the Bay of Bengal, Digha has long been favoured for its wide beaches, serene shoreline and natural beauty. The destination offers varied attractions including New and Old Digha beaches, Talsari Beach, Digha Science Centre, Marine Aquarium & Regional Centre and Amarabati Park.
With the addition of this hotel, the company will have 17 hotels in West Bengal, including 9 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.
