Indian Hotels Company surges on opening Taj City Centre in Patna
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The Indian Hotels Company is currently trading at Rs. 644.95, up by 21.40 points or 3.43% from its previous closing of Rs. 623.55 on the BSE.
The scrip opened at Rs. 632.95 and has touched a high and low of Rs. 646.00 and Rs. 627.50 respectively. So far 116717 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 663.40 on 26-Jun-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. 646.00 and Rs. 574.00 respectively. The current market cap of the company is Rs. 91797.14 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 opened Taj City Centre, Patna marking the iconic brand's debut in Bihar's vibrant capital city. Nestled in the heart of the city, Taj City Centre, Patna, offers 124 luxurious rooms and suites. Each space is meticulously designed to blend timeless elegance with modern comfort, providing guests with breath-taking views of the city.
Guests can embark on a culinary adventure at Shamiana, the all-day dining restaurant, or House of Ming, featuring the finest Chinese cuisine. The J Wellness Circle offers a haven of tranquillity with traditional Indian therapies and contemporary wellness practices. The meticulously curated multiple event spaces set the stage for grand weddings and corporate soirees.
Renowned for its ancient sites, and recognised as one of the oldest continuously inhabited places in the world, Patna is a treasure trove of historical and cultural significance, offering a captivating journey through time. With the addition of this hotel, IHCL will have 3 hotels including 1 under development in Bihar.
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.
