Indian Hotels moves up on signing 310-key Taj hotel in Visakhapatnam
The Indian Hotels Company is currently trading at Rs. 754.00, up by 1.95 points or 0.26% from its previous closing of Rs. 752.05 on the BSE.
The scrip opened at Rs. 752.00 and has touched a high and low of Rs. 754.65 and Rs. 745.45 respectively. So far 29630 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 894.15 on 30-Dec-2024 and a 52 week low of Rs. 646.50 on 07-Oct-2024.
Last one week high and low of the scrip stood at Rs. 791.50 and Rs. 745.45 respectively. The current market cap of the company is Rs. 107049.22 crore.
The promoters holding in the company stood at 38.12%, while Institutions and Non-Institutions held 45.69% and 16.19% respectively.
Indian Hotels Company (IHCL) has signed 310-key Taj hotel in Visakhapatnam, Andhra Pradesh. The company will introduce the iconic Taj brand to Vizag, in line with its strategy to be present in key leisure and commercial markets. This greenfield project will mark the debut of the Taj Hotel in the coastal city.
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.
