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Prachi Mehta

4th Sep · SEBI-Registered Analyst

Update for investors of
INDHOTEL

!The

INDHOTEL
Hotels Company is currently trading at Rs. 775.75, up by 2.05 points or 0.26% from its previous closing of Rs. 773.70 on the BSE. The scrip opened at Rs. 785.95 and has touched a high and low of Rs. 790.00 and Rs. 773.00 respectively. So far 46625 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. 790.00 and Rs. 755.55 respectively. The current market cap of the company is Rs. 110173.65 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 a greenfield 158-key Gateway hotel in Dwarka in New Delhi in partnership with real estate developer Omaxe. Developed in partnership with the Delhi Development Authority (DDA) in a public-private-partnership model, The Omaxe State is expected to be completed by 2027, offering a sporting infrastructure and a premium lifestyle experience. Extending IHCL's brandscape in the capital, Gateway Dwarka, New Delhi, will strengthen its presence in this high-growth micro market. 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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