Page 2 - Indian Hotels Co Ltd News
ITC Hotels, IHCL gain 2% in subdued market; brokerages see more upside
ITC Hotels, IHCL stocks in limelight: Demand for luxury hotels will sustain in India with strong demand from domestic leisure travel and anticipated higher foreign tourist arrivals in H2FY26.
 "ITC Hotels, IHCL gain 2% in subdued market; brokerages see more upside")
These 3 stocks are must-haves in your portfolio, suggests Religare Broking
After an extended consolidation within a rectangle pattern, the Indian Bank stock broke out above the upper resistance band, signaling the start of a fresh uptrend.
 "These 3 stocks are must-haves in your portfolio, suggests Religare Broking")
Explained: Why brokerages are bullish on this Tata group-owned hotel stock
The management has guided for a strong performance in Q2FY26 despite a high base of Q2FY25 due to five auspicious wedding dates.
 "Explained: Why brokerages are bullish on this Tata group-owned hotel stock")
IHCL acquires 51% stake in firms operated under Clarks Hotels for ₹204 cr
IHCL to buy majority stakes in ANK Hotels and Pride Hospitality, operators of 135 Clarks Hotels & Resorts properties, to strengthen midscale presence across India
 "IHCL acquires 51% stake in firms operated under Clarks Hotels for ₹204 cr")
IHCL to buy stake in firms operating The Clarks Hotels & Resorts' brand
Tata Group-owned Indian Hotels Company Ltd (IHCL) on Monday said a committee constituted by its board has approved and executed agreements to acquire about 51 per cent stake each in two entities -- ANK Hotels and Pride Hospitality -- which have a portfolio of 135 hotels operated under 'The Clarks Hotels & Resorts' brand. The transactions to be executed via cash consideration are expected to be completed by November 15, 2025. The share subscription and purchase agreements and shareholders' agreements were executed to acquire about 51 per cent equity stake for an amount not exceeding Rs 110 crore in ANK Hotels Pvt Ltd, and Rs 94 crore in Pride Hospitality Pvt Ltd, according to a regulatory filing. "The foregoing companies have a portfolio of 135 hotels which are operated under 'The Clarks Hotels & Resorts', primarily across India, IHCL said. The country's biggest hospitality player has also signed a distribution & marketing agreement with 'Brij Hospitality Pvt Ltd', which ...