Indian Hotels Co Ltd

(INDHOTEL)

Indian Hotels Expands with New Gateway Resort - 18 Sep, 2024

Indian Hotels Co Ltd has signed a new resort under the Gateway brand in Barnala, Punjab. The resort will feature 100 villas and various amenities across 9 acres.

IHCL Expands Gateway Brand with New Resort - 17 Sep, 2024

Indian Hotels Company Ltd (IHCL) has signed a new resort under the Gateway brand in Barnala, Punjab. The resort will feature 100 villas and rooms, dining options, and extensive banquet facilities, aligning with IHCL's strategy to grow in Tier II and III cities.

IHCL Achieves ₹1 Lakh Crore Market Cap Milestone - 16 Sep, 2024

Indian Hotels Company Limited (IHCL) has become the first Indian hospitality company to achieve a market cap of ₹1 lakh crore, marking a significant milestone in its growth. The company operates 340 hotels and is expanding its portfolio globally.

IHCL Reaches Rs 1 Trillion Market Cap Milestone - 13 Sep, 2024

Indian Hotels Company Limited (IHCL) has announced the development of two new hotels in Chennai and achieved a significant milestone by crossing Rs 1 trillion in market capitalization, solidifying its position in the hospitality sector.

IHCL Expands with Two New Hotels in Chennai - 12 Sep, 2024

Indian Hotels Company (IHCL) has signed agreements for two new hotels, Vivanta and Ginger, in Chennai, enhancing its footprint in Tamil Nadu to 22 hotels.

Indian Hotels Breaks Resistance with Strong Momentum - 11 Sep, 2024

Indian Hotels Co Ltd has broken key resistance at Rs 673.50, indicating strong buying interest. The stock targets Rs 735 with a recommended stop loss at Rs 675.

Indian Hotels Hits All-Time High Amid Strong Growth - 10 Sep, 2024

Indian Hotels Company shares reached an all-time high of Rs 693.35, gaining 4% on expectations of strong revenue growth, with a market cap nearing Rs 1 trillion. The stock has outperformed the market significantly this year, climbing nearly 60%.

Indian Hotels Positioned for Growth with New Targets - 08 Sep, 2024

Indian Hotels Co Ltd plans to add 6,636 rooms by FY26, targeting double-digit revenue growth in FY25. New businesses are expected to grow 30-35% YoY, indicating strong future performance.

IHCL Opens New Ginger Hotel in Srinagar - 06 Sep, 2024

Indian Hotels Company Limited has launched its second Ginger hotel in Jammu and Kashmir, located in Srinagar. The 64-key hotel offers convenient access to major attractions and aims to meet the growing demand from business and leisure travelers in the region.

IHCL Gains Court Relief and Stock Performance - 03 Sep, 2024

The Delhi High Court provided significant relief to Indian Hotels Co Ltd by barring Taj Iconic from using its name. Additionally, the stock has gained 55.31% over the past year, outperforming its benchmark index.

Motilal Oswal Recommends Buy on Indian Hotels - 02 Sep, 2024

Motilal Oswal has issued a buy recommendation for Indian Hotels Company Ltd, setting a target price of Rs 715. The company reported a consolidated total income of Rs 1596.27 crore for Q2 2024, reflecting a decline from the previous quarter but an increase year-over-year. The net profit after tax was Rs 234.21 crore, with significant promoter and institutional ownership.

IHCL Launches Gateway Brand Aiming for 100 Hotels - 29 Aug, 2024

Indian Hotels Co Ltd (IHCL) has unveiled its reimagined Gateway brand, targeting 100 hotels by 2030. The brand aims to meet growing domestic demand for quality accommodations, starting with a new hotel in Bekal, Kerala, and four existing properties. The initiative reflects confidence in the hospitality sector's recovery post-pandemic and aims to cater to diverse consumer needs across various city tiers.

Indian Hotels Shows Bullish Trend Despite Price Drop - 28 Aug, 2024

Indian Hotels Company shows a bullish breakout pattern, despite a 0.94% drop in share price to Rs 659.0. The stock has gained 67.39% over the past year.

Indian Hotels Co Ltd Sees Strong Growth and Leadership Changes - 27 Aug, 2024

Indian Hotels Company Limited has shown impressive stock performance with a 389% increase over three years. The company appointed Dr. Anmol Ahluwalia as GM for Taj Mahal, New Delhi, while shares have returned 70% in the past year.

Indian Hotels Co. Faces Pressure Amid Earnings - 24 Aug, 2024

Indian Hotels Company Limited shares closed lower at Rs. 642.25, reflecting a 0.36% decline. Despite a 60% annual return, recent earnings showed weaker revenue growth compared to last year.

Indian Hotels Share Price Shows Minor Increase - 21 Aug, 2024

Indian Hotels Company Ltd. shares rose 0.1% to Rs 617.0. The stock has gained 61.86% over the past year, despite a recent decline in quarterly sales and a bearish MACD signal.

IHCL Opens New Ginger Hotel in Coimbatore - 20 Aug, 2024

Indian Hotels Company (IHCL) has launched the Ginger Coimbatore Airport hotel, enhancing its presence in Tamil Nadu to 18 hotels. The new hotel caters to both corporate and leisure travelers, reflecting the city's growth as a smart city.