Mumbai, December 5 (Udaipur Kiran): Shares of Indian Hotels Company Ltd moved higher on Friday after the company announced the signing of a new Ginger Hotel at Terminal 2 of Mumbai International Airport. The stock was trading at Rs 733.40 on the BSE, up by 4.20 points or 0.58 per cent from its previous close of Rs 729.20.
The scrip opened at Rs 728.15 and touched an intraday high of Rs 733.70 and a low of Rs 727.05. A total of 127 shares were traded on the counter during the session.
The BSE Group ‘A’ stock, with a face value of Rs 1, had touched 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 last one week, the stock moved between a high of Rs 754.15 and a low of Rs 727.05. The company’s current market capitalisation stands at Rs 1,03,796.68 crore.
Promoter holding in the company stands at 38.12 per cent, while institutional and non-institutional investors hold 45.68 per cent and 16.21 per cent, respectively.
Indian Hotels Company (IHCL) has signed a new hotel under its Ginger brand at Terminal 2 of Mumbai International Airport. The 200-key Ginger Mumbai Airport T2 will be part of a mixed-use development comprising retail and commercial spaces. The hotel will feature Ginger’s all-day dining restaurant Qmin, a bar, meeting rooms and a fully equipped fitness centre.
With the addition of this hotel, IHCL will have a total of 14 hotels in Mumbai city, including two under development.
Indian Hotels Company and its subsidiaries are collectively known as Taj Hotels Resorts and Palaces and operate across 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.
