Indian Hotels Company surges on opening Gateway Bekal in Kerala
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Indian Hotels Company is currently trading at Rs. 651.95, up by 3.75 points or 0.58% from its previous closing of Rs. 648.20 on the BSE.
The scrip opened at Rs. 650.00 and has touched a high and low of Rs. 652.25 and Rs. 644.35 respectively. So far 34081 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 672.00 on 28-Aug-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. 672.00 and Rs. 641.70 respectively. The current market cap of the company is Rs. 92138.77 crore.
The promoters holding in the company stood at 38.12%, while Institutions and Non-Institutions held 45.62% and 16.27% respectively.
Indian Hotels Company (IHCL) has made an addition to its brandscape with the launch of Gateway, a full-service upscale hotel offering. Gateway Bekal offers 151 well-appointed guest rooms, cottages, suites and villas. The diverse range of dining options to cater to every palate with Earth Pavilion, the all-day diner serving a variety of delectable meals, while High Tide, the bar, has a vibrant atmosphere for unwinding with signature cocktails.
The hotel features versatile banqueting spaces, including a sundial amphitheatre, a grand ballroom, and a banquet hall along with two meeting rooms. The recreational facilities include an inviting pool bar with a children's pool and jacuzzi, a spa, and the state-of-the-art gym. Guests can indulge in birdwatching, local art and dance workshops, and houseboat rides and the 1.5 km jogging track by the serene riverside.
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.
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