Stocks to Watch today, August 12, 2025: Hindalco, Indian Hotels Company, Ashoka Buildcon, Astral, and Bata India are some of the key stocks to watch today
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 ...
Tata Group hospitality firm Indian Hotels Company Ltd (IHCL) is putting the spotlight on the North East for new properties in line with India's ambition of developing the region, according to its Managing Director and CEO Puneet Chhatwal. The company has a portfolio of 15 hotels with 1,348 rooms in the North East, and six hotels with 634 rooms in the pipeline. Developing properties in the East and North East has been a part of a strategic initiative, Chhatwal told PTI. "Like 50 years ago it was Goa, 30 years ago it was Kerala. More recently, you heard about Lakshadweep. Now it is the North East -- which is also in line with India's ambition of developing the North East -- our contribution as a Tata Group company," he noted. Elaborating on some of the new projects that the company is undertaking in the North East, he said,"IHCL has committed to projects like Jagiroad in Assam, opposite the Tata Electronics factory that is coming up." Moreover, he said,"There are also the conversion
Travel rebound and fresh keys steady the quarter; weddings and lean supply keep growth checked in
Indian Hotels share rose after the company delivered a robust performance in Q1FY26, reporting a 32% Y-o-Y jump in consolidated revenue to ₹2,102 crore, compared to ₹1,596 crore in Q1FY25.
Tata Group-owned Indian Hotels Company Limited (IHCL) on Thursday reported a 26.56 per cent rise in its consolidated net profit to Rs 329.32 crore in the first quarter of FY26. The country's biggest hospitality player posted a net profit of Rs 260.19 crore in the corresponding period of the previous financial year. Its total income from operations stood at Rs 2,102.17 crore during the April-June quarter, against Rs 1,596.27 crore in the year-ago period. The company's total expenses also increased to Rs 1,662.35 crore, from Rs 1,267.78 crore a year ago, a regulatory filing showed.
The acquisition was made at an issue price of ₹5,000 per share, the company said in a BSE filing
IHCL unveils its re-imagined Taj Damdama Lake resort and spa in Gurugram, as part of a strategy aimed at achieving double-digit growth in FY26, driven by new openings and sector momentum
Lemon Tree and Indian Hotels are top stocks in the hospitality sector for Motilal Oswal, as they are expected to continue their strength in the current financial year
Amfi semi-annual categorisation is expected in the first week of July, and will take effect from August 1, 2025, according to Nuvama
At 12:40 pm; BSE Realty index, the top loser among sectoral indices, was down 2.7 per cent, as compared to 1.03 per cent decline in the BSE Sensex.
Indian Hotels shares fell in the stock market today after various brokerages said that the Jhunjhunwala portfolio stock has limited upside from here
The Tata Group's hospitality arm reports 12 consecutive quarters of record performance with strong growth across domestic, international, and new business segments
Q4 FY25 company results today: M&M, Coforge, Computer Age Management Services will be among 47 companies to post earnings reports for the January-March quarter on May 5
Oriental Hotels Ltd, an associate company of The Indian Hotels Company Ltd, reported a standalone profit of Rs 17.69 crore for the January-March 2025 quarter, the company said on Friday. The city-based company had posted a profit of Rs 16.33 crore during the same quarter of the previous financial year. For the year ending March 31, 2025, the company's profit stood at Rs 44.52 crore, compared to Rs 55.34 crore in the previous year. Total income for the quarter under review rose to Rs 133.36 crore, up from Rs 110.73 crore in the same period of the previous financial year. For the year ending March 31, 2025, total income grew to Rs 444.63 crore, compared to Rs 409.01 crore recorded in the previous year. The Board of Directors has recommended a final dividend of Rs 0.50 per equity share (compared to Rs 0.50 per equity share in the previous financial year), subject to shareholder approval. "In Q4 FY25, Oriental Hotels Ltd reported revenue of Rs 133 crore, a 20 per cent increase over t
Earlier in March, the Indian Hotels Company (IHCL), under its loyalty program, Taj InnerCircle, reached 10 million members
The rise in the Indian Hotels Company shares price came after the hotel chain operator announced that it has signed the Palitana Palace under the Taj brand in Palitana, Gujarat
The new properties are expected to be launched soon after Ramadan for an undisclosed amount, according to a company release
Stocks To Buy Today, March 6, 2025: Hindalco share price recently broke out from a 'Double Bottom' pattern, signaling the end of its corrective phase
The Tata Group-run Indian Hotels Company on Monday announced a Rs 2,500 crore investment to develop a new 330-room property in Mumbai. Construction of the new property, "Taj Bandstand," is set to begin this year and is expected to take over three years to complete, IHCL's Managing Director and Chief Executive Puneet Chhatwal said. The facility will create direct employment for 1,000 people, while the indirect ones like cab drivers etc will take the overall employment to over 7,000. The new property is coming up on a two-acre land parcel that once housed the Sea Rock Hotel, which was one of the sites bombed in 1993 serial blasts. IHCL bought the property for Rs 680 crore and demolished the structure completely. Chhatwal said the investment includes the cost of land and added that all necessary permissions for the development have been obtained, except for a few minor ones. A groundbreaking ceremony for the new hotel was held on Monday in the presence of Maharashtra's Chief Minister