Indian Hotels Company moves up on signing Tree of Life resort in Maharashtra
The Indian Hotels Company is currently trading at Rs. 702.05, up by 3.85 points or 0.55% from its previous closing of Rs. 698.20 on the BSE.
The scrip opened at Rs. 700.00 and has touched a high and low of Rs. 706.00 and Rs. 698.80 respectively. So far 14489 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 894.15 on 30-Dec-2024 and a 52 week low of Rs. 672.55 on 07-Nov-2025.
Last one week high and low of the scrip stood at Rs. 736.30 and Rs. 672.55 respectively. The current market cap of the company is Rs. 99924.94 crore.
The promoters holding in the company stood at 38.12%, while Institutions and Non-Institutions held 45.68% and 16.21% respectively.
Indian Hotels Company (IHCL) has signed a Tree of Life resort in Panheli, Raigad, Maharashtra. This is a conversion project. Nestled amidst the Sahyadri hills, Tree of Life AeroVillagePanheli features a private airstrip that allows guests to arrive via a 30-minute chartered flight from Mumbai or Pune. The resort comprises 28 elegantly designed guest rooms and suites and offers an all-day dining restaurant and bar. A perennial river stream that flows through the property adds a unique touch to the resort and sets the stage for curated riverside dining experiences.
With the addition of this hotel, IHCL will have 54 hotels across Maharashtra including 27 under development.
Indian Hotels Company (IHCL) 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.
