Indian Hotels Co Ltd

(INDHOTEL)

Indian Hotels Plans Expansion with New Hotels - 12 Nov, 2024

Indian Hotels Company Ltd is exploring the establishment of 20 hotels and a large convention centre across its various brands, indicating growth potential.

Indian Hotels Company Expands with Strong Growth Plans - 11 Nov, 2024

Indian Hotels Company (IHCL) is set to aggressively expand its portfolio, planning to add 120 hotels globally. The company reported strong Q2FY25 growth, with net profit surging due to robust demand and strategic expansions. IHCL aims for double-digit growth and is focusing on both asset-light and capital-intensive properties.

Indian Hotels Reports Strong Q2 Growth and Market Cap Rise - 10 Nov, 2024

Indian Hotels Company showcased robust performance in Q2 FY25, with a 28.6% revenue increase and a 30% rise in operating profit. The stock price surged over 7%, reflecting positive market sentiment and a market cap increase of ₹10,386.72 crore this week.

Indian Hotels Reports Strong Profit Growth - 09 Nov, 2024

Indian Hotels Co Ltd's net profit surged over threefold to Rs 582.7 crore in Q2, driven by robust demand and successful new ventures, indicating strong growth potential.

IHCL Reports Strong Q2 Growth and Expansion Plans - 08 Nov, 2024

Indian Hotels Company Limited (IHCL) reported impressive Q2FY25 results with significant profit and revenue growth. The company plans to expand its portfolio and enhance its market presence, anticipating strong performance in the upcoming months driven by weddings and tourism.

IHCL Expands Luxury Portfolio with Claridges Management - 07 Nov, 2024

Indian Hotels Company Limited (IHCL) reported a 232% increase in Q2 net profit to ₹555 crore and signed a contract to manage The Claridges hotel in Delhi from April 2025, marking a significant expansion in its luxury segment.

IHCL Acquires Majority Stake in Rajscape Hotels - 06 Nov, 2024

Indian Hotels Company (IHCL) has approved the acquisition of a 55% stake in Rajscape Hotels for Rs 18 crore, enhancing its boutique portfolio. Following the announcement, IHCL shares rose nearly 2%. The acquisition aligns with IHCL's strategy to expand the Tree of Life brand to 100 properties by 2030, capitalizing on the growing demand for experiential travel in India.

IHCL Acquires Majority Stake in Rajscape Hotels - 05 Nov, 2024

Indian Hotels Company Limited (IHCL) has acquired a 55% stake in Rajscape Hotels for Rs 18 crore, aiming to strengthen its presence in the experiential leisure market. This acquisition aligns with IHCL's growth strategy and partnership with Ambuja Neotia Group, with plans to scale the Tree of Life brand to 100 properties by 2030.

Indian Hotels Set to Report Q2 Earnings on November 7 - 31 Oct, 2024

Indian Hotels will announce its Q2 results on November 7, with analysts expecting a 42% net profit growth to ₹255.92 crore. Revenue is projected at ₹1,702 crore, driven by improved occupancy and room rates. Shares fell 1.04% to ₹677.65.

IHCL Invests in Airport Properties for Growth - 28 Oct, 2024

Indian Hotels Company (IHCL) has invested INR 500 million in its subsidiary Zarrenstar Hospitality to develop a hotel near Cochin International Airport, set to open in November. This follows a previous investment of INR 350 million. IHCL continues to expand its portfolio, surpassing 325 hotels with 16 new signings and six openings in Q1 fiscal 2025.

Morgan Stanley Raises Target Price for Indian Hotels - 25 Oct, 2024

Morgan Stanley raised the target price for Indian Hotels to ₹759, a 27% increase, citing strong demand, slow supply addition, and margin growth potential. The company's share price rose 1.58% to ₹677.55.