Mumbai, November 12 (Udaipur Kiran): Shares of Indian Hotels Company Ltd (IHCL) were trading higher on Tuesday after the hospitality major announced the signing of a Tree of Life resort in Panheli, Raigad, Maharashtra.
The stock was up 0.55% at Rs. 702.05, rising Rs. 3.85 from its previous close of Rs. 698.20 on the BSE. It opened at Rs. 700.00 and touched an intraday high of Rs. 706.00 and a low of Rs. 698.80. So far, 14,489 shares have been traded on the counter.
The BSE Group ‘A’ stock, with a face value of Rs. 1, currently commands a market capitalisation of Rs. 99,924.94 crore. It has recorded a 52-week high of Rs. 894.15 (on December 30, 2024) and a 52-week low of Rs. 672.55 (on November 7, 2025). Over the past week, the stock has traded between Rs. 736.30 and Rs. 672.55.
Promoters hold 38.12% stake in the company, while institutional investors own 45.68% and non-institutional investors hold 16.21%.
The newly signed property, Tree of Life AeroVillage Panheli, is a conversion project located amidst the scenic Sahyadri Hills. It features a private airstrip allowing guests to arrive via a 30-minute chartered flight from Mumbai or Pune. The resort includes 28 elegantly designed guest rooms and suites, an all-day dining restaurant, and a bar. A perennial river stream flowing through the property adds to its charm, offering guests curated riverside dining experiences.
With this addition, IHCL’s portfolio in Maharashtra rises to 54 hotels, including 27 under development, further strengthening its footprint in one of India’s key hospitality markets.
The Indian Hotels Company (IHCL) — parent of the Taj, SeleQtions, Vivanta, and Ginger brands — is Asia’s leading hospitality group, known for its presence across the luxury, premium, mid-market, and value segments.
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.
