Indian Hotels Company soars on opening Ginger hotel in Ahmedabad
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Indian Hotels Company is currently trading at Rs. 548.50, up by 5.90 points or 1.09% from its previous closing of Rs. 542.60 on the BSE.
The scrip opened at Rs. 544.80 and has touched a high and low of Rs. 551.25 and Rs. 543.35 respectively. So far 89162 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 551.25 on 20-Feb-2024 and a 52 week low of Rs. 298.20 on 22-Feb-2023.
Last one week high and low of the scrip stood at Rs. 551.25 and Rs. 515.55 respectively. The current market cap of the company is Rs. 77861.74 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 Ginger Ahmedabad, Changodar. The hotel’s lean luxe design philosophy allows guests to seamlessly blend work and leisure in vibrant, contemporary spaces. The 102-key hotel is centrally located in the heart of Changodar, minutes away from the SG Highway and a short drive to other important cities. Guests can savor delectable culinary delights at Qmin - the signature all-day diner, or maintain their fitness routine at the fitness center. Ginger Ahmedabad, Changodar also features over 4,600 sq ft of meeting and banquet facilities. With the addition of this hotel, IHCL will have seven hotels across Taj, Vivanta and Ginger brands in Ahmedabad.
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.
