Indian Hotels Company soars on signing Ginger hotel in Uttar Pradesh
The Indian Hotels Company is currently trading at Rs. 860.45, up by 12.75 points or 1.50% from its previous closing of Rs. 847.70 on the BSE.
The scrip opened at Rs. 860.00 and has touched a high and low of Rs. 860.55 and Rs. 851.45 respectively. So far 32557 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 860.55 on 05-Nov-2026 and a 52 week low of Rs. 565.25 on 02-Apr-2026.
Last one week high and low of the scrip stood at Rs. 860.55 and Rs. 807.00 respectively. The current market cap of the company is Rs. 121981.02 crore.
The promoters holding in the company stood at 38.12%, while Institutions and Non-Institutions held 46.56% and 15.31% respectively.
Indian Hotels Company (IHCL) has signed a Ginger hotel in Prayagraj, Uttar Pradesh, through an operating lease agreement. It is a greenfield project. The 100-key Ginger Prayagraj offers convenient access to the city’s commercial, industrial and cultural hubs. Designed to meet the needs of today’s traveller, the hotel features spacious rooms aligning to the brand’s Lean Luxe philosophy, complemented by Qmin, Ginger’s signature all-day dining restaurant, serving a range of local and international favourites and a bar.
With the addition of this hotel, IHCL will have 64 hotels in Uttar Pradesh, including 27 under development.
