Indian Hotels advances on taking over management of Cidade de Goa

Indian Hotels advances on taking over management of Cidade de Goa

by admin- Tuesday, February 12th, 2019 04:40:23 PM

Indian Hotels Company is currently trading at Rs. 137.60, up by 2.15 factors or 1.Fifty nine% from its previous ultimate of Rs. 135.45 at the BSE.

The scrip opened at Rs. 137.00 and has touched a excessive and low of Rs. 137.Seventy five and Rs. 135.Eighty respectively. So a ways 5109 stocks were traded at the counter.

The BSE group ‘A’ stock of face cost Rs. 1 has touched a 52 week high of Rs. 155.Ninety on 24-Apr-2018 and a fifty two week low of Rs. One hundred ten.00 on 09-Oct-2018.

Last one week high and low of the scrip stood at Rs. 143.Fifty five and Rs. A hundred thirty five.00 respectively. The cutting-edge marketplace cap of the enterprise is Rs. 16286.89 crore.

The promoters protecting inside the company stood at 39.09%, while Institutions and Non-Institutions held forty two.24% and 18.67% respectively.

Indian Hotels Company (IHCL) has takeover the management of one in every of Goa’s oldest and iconic 5 big name motels, Cidade de Goa.

The lodge, which presently operates 207 rooms, will form a part of the IHCL’s SeleQtionsA portfolio – a group of inns and lodges with a wonderful character. In addition to the 207 rooms, an additional 299 rooms which can be presently beneath production, may be brought to the equal complex underneath the Taj logo scheduled to open via the end of this yr.

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