Indian Hotels Company gains on opening new Vivanta hotel in Arunachal Pradesh

27 Dec 2023 Evaluate

Indian Hotels Company is currently trading at Rs. 439.10, up by 2.50 points or 0.57% from its previous closing of Rs. 436.60 on the BSE.

The scrip opened at Rs. 438.15 and has touched a high and low of Rs. 442.00 and Rs. 436.15 respectively. So far 83424 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 451.00 on 19-Dec-2023 and a 52 week low of Rs. 280.20 on 27-Jan-2023.

Last one week high and low of the scrip stood at Rs. 443.50 and Rs. 416.15 respectively. The current market cap of the company is Rs. 62417.50 crore.

The promoters holding in the company stood at 38.19%, while Institutions and Non-Institutions held 45.43% and 16.38% respectively.

Indian Hotels Company (IHCL) has opened a new Vivanta hotel in Tawang, Arunachal Pradesh. The hotel, situated at a height of 10,000 feet, offers panoramic views of the scenic Tawang Valley and the majestic Himalayas. With the addition of this hotel, IHCL will have 12 hotels in North East of India including 5 under development.

Vivanta Arunachal Pradesh, Tawang stands as an unrivaled venue for both conferences and sophisticated social events, offering a selection of banquet spaces, including the largest ballroom in the state, and charming open-air lawns. The hotel provides a spectrum of recreational facilities, including a temperature-controlled indoor swimming pool, a state-of-the-art fitness center, and a spa as well as play zone for children and an amphitheater for cultural events.

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.

Indian Hotel Share Price

810.40 4.05 (0.50%)
04-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
Indian Hotel 810.40
EIH 396.65
Chalet Hotels 892.45
Mahindra Holi.&Resor 387.90
Lemon Tree Hotels 132.90
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