Mumbai, October 24 (Udaipur Kiran): Shares of Indian Hotels Company (IHCL) edged higher today after the hospitality major announced the signing of a new Taj-branded resort in Sawai Madhopur district, Rajasthan.
At the BSE, the stock was trading at Rs. 738.45, up 1.10 points or 0.15% from its previous close of Rs. 737.35. The scrip opened at Rs. 736.50 and touched a high of Rs. 739.30 and a low of Rs. 734.50, with 3,758 shares traded so far.
The BSE Group ‘A’ stock, with a face value of Re. 1, has recorded a 52-week high of Rs. 894.15 (30-Dec-2024) and a 52-week low of Rs. 651.30 (24-Oct-2024). The company’s market capitalisation stands at Rs. 1,04,857.14 crore. Promoters currently hold 38.12%, while institutions and non-institutional investors hold 45.68% and 16.21%, respectively.
The newly signed greenfield Taj resort will feature 75 eco-sensitive keys, designed to blend seamlessly with the region’s natural landscape. Located amidst the wilderness, it will offer a mix of suites and villas with private courtyards and plunge pools.
Culinary highlights will include an all-day dining restaurant, a specialty restaurant, a bar, and a safari lounge. Other amenities will feature meeting spaces, a heated swimming pool, the J Wellness Circle spa, a state-of-the-art fitness centre, and the Niu & Nau salon.
Aligned with IHCL’s ESG+ Paathya framework, the resort will incorporate solar-powered systems, rainwater harvesting, and locally sourced sustainable materials, reaffirming the company’s commitment to responsible tourism.
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.