Indian Hotels Company rises on reopening Taj Malabar resort & spa in Kerala
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Indian Hotels Company is currently trading at Rs. 585.35, up by 1.45 points or 0.25% from its previous closing of Rs. 583.90 on the BSE.
The scrip opened at Rs. 584.00 and has touched a high and low of Rs. 593.40 and Rs. 574.95 respectively. So far 192416 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 622.25 on 04-Apr-2024 and a 52 week low of Rs. 371.45 on 27-Oct-2023.
Last one week high and low of the scrip stood at Rs. 593.40 and Rs. 507.45 respectively. The current market cap of the company is Rs. 83199.61 crore.
The promoters holding in the company stood at 38.12%, while Institutions and Non-Institutions held 45.26% and 16.63% respectively.
Indian Hotels Company (IHCL) has reopened Taj Malabar Resort and Spa, Cochin, Kerala, following a year-long extensive renovation and redesign. Built in 1935, the hotel’s legendary history has been reimagined with fresh and modern sensibilities, paying homage to the multicultural fabric and maritime history of Cochin.
Nestled on the serene Willingdon Island, overlooking Cochin's picturesque harbor, Taj Malabar Resort & Spa’s refreshed interiors honours the city’s local heritage. The meticulously designed 93 rooms and suites offer a perfect blend of contemporary design and timeless elegance. IHCL has 20 hotels including 6 under development, across Taj, SeleQtions, Vivanta and Ginger brands in Kerala.
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.
