Indian Hotels Company rises on launching two hotels in Ekta Nagar
The Indian Hotels Company is currently trading at Rs. 745.65, up by 3.50 points or 0.47% from its previous closing of Rs. 742.15 on the BSE.
The scrip opened at Rs. 742.95 and has touched a high and low of Rs. 746.35 and Rs. 739.60 respectively. So far 22564 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. 651.35 on 05-Nov-2024.
Last one week high and low of the scrip stood at Rs. 753.95 and Rs. 734.85 respectively. The current market cap of the company is Rs. 105426.51 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 marked its entry into Ekta Nagar with the launch of two hotels under Vivanta and Ginger brands. Vivanta Ekta Nagar is located just three kilometres from the iconic Statue of Unity, offering guests an experience that seamlessly blends contemporary design with the warmth of IHCL’s signature hospitality. Nestled amidst the scenic Satpura and Vindhya ranges, the hotel features 127 elegantly appointed rooms and suites with panoramic views.
IHCL has a portfolio of 39 hotels in Gujarat, including 17 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.
