Indian Hotels gains on signing new resort in South Goa
Indian Hotels Company is currently trading at Rs. 654.60, up by 4.50 points or 0.69% from its previous closing of Rs. 650.10 on the BSE.
The scrip opened at Rs. 650.50 and has touched a high and low of Rs. 656.15 and Rs. 645.30 respectively. So far 18116 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 811.90 on 21-Aug-2025 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. 680.80 and Rs. 622.60 respectively. The current market cap of the company is Rs. 93320.22 crore.
The promoters holding in the company stood at 38.12%, while Institutions and Non-Institutions held 45.92% and 15.96% respectively.
Indian Hotels Company has signed a resort at South Goa in proximity to Colva Beach. This greenfield project will be branded as Gateway. Set across 2.9-acres and with views of Colva Beach, the 175-key Gateway Resort Colva Beach Road, Goa will feature an array of dining options including an all-day diner, specialty restaurant and a bar. Guests can enjoy a range of amenities including a swimming pool, fitness centre and treatment rooms. The resort will also feature a ballroom spanning around 7,000 sq ft. with outdoor lawns, making it an ideal destination for social gatherings, weddings and corporate events.
With the addition of this hotel, the company will have 25 hotels in Goa including 7 under development.
