The Indian Hotels Company is currently trading at Rs. 799.30, up by 3.85 points or 0.48% from its previous closing of Rs. 795.45 on the BSE.
The scrip opened at Rs. 803.00 and has touched a high and low of Rs. 803.00 and Rs. 796.40 respectively. So far 1512 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. 620.80 on 22-Aug-2024.
Last one week high and low of the scrip stood at Rs. 811.90 and Rs. 762.65 respectively. The current market cap of the company is Rs. 113226.92 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 Memorandum of Understanding (MoU) with Syama Prasad Mookerjee Port, Kolkata, for the redevelopment of Chotelal Ki Ghat. Originally built in the 1870s on the Hooghly Riverfront in Kolkata, the project is being supported by INTACH (Indian National Trust for Art and Cultural Heritage). IHCL will invest up to Rs 5 crore towards the project aligned with Government of India’s Namami Gange Program and Swachhata Initiatives.
The company and Syama Prasad Mookerjee Port, Kolkata, will work towards the redevelopment of Chotelal Ki Ghat. This will be done in collaboration with leading heritage conservation bodies and will involve redevelopment through restoration and conservation, beautification and landscaping of the Grade I Heritage site. The beneficiaries would include local artists for wall and boat painting, stall vendors, residents, tourists, and the wider community.
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.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
Indian Hotels Company moves up on inking MoU with Syama Prasad Mookerjee Port, Kolkata
