Indian Hotels Co Ltd (NSE: INDHOTEL): The share of Tata Group company Indian Hotels Co Ltd (IHCL) has reached its all-time high. The share of Indian Hotels Company Limited rose by about 4 percent to Rs 796.25.
A foreign brokerage house has advised to buy the share of Indian Hotels Co Ltd. This brokerage firm has set an estimate of 900 rupees for the stocks that belong to Indian Hotels.
That is, the share of Indian Hotels Co Ltd can jump about 20 percent from the last closing levels. A veteran investor has also bet on this Tata Group company. The expert investor owns more than 2 crore shares of Indian Hotels.
The Company’s Share Jumped More Than 600% In 4 Years
The share of Indian Hotels Company Limited (IHCL) has climbed more than 600 percent in the last 4 years. The share of this Tata Group company was at Rs 110.15 on 20 November 2020.
The share of Indian Hotels Company Limited reached Rs 775.35 on 21 November 2024. In the last 3 years, the share of Indian Hotels has jumped 267 percent.
At the same time, the share of Indian Hotels has climbed about 86 percent in the last year. Tata Group share Tata Group was trading for 420.80 rupees on November 21, 2023. The company’s share reached Rs 775.35 on 21 November 2024.
The Veteran Investor Has More Than 2 Crore Shares Of Indian Hotels
The veteran investor has placed a big bet on the shares of Tata Group company Indian Hotels Company Limited. The veteran investor has a total of 28,810,965 shares of Indian Hotels.
The veteran investor’s stake in the company is 2 percent. This shareholding data is till the September 2024 quarter. According to the shareholding data, mutual funds have a stake of 13.89 percent in the company.
Quick Fact
Company name: Indian Hotels
| Company name | Indian Hotels |
|---|---|
| Share high | ₹796.25 |
| Recent share rise | 4% |
| Current price (2:30 pm) | ₹786 (3.49%) |
| Possible target price | ₹900 |
| Expected growth | 20% |
| Growth in 4 years | 600% |
| Growth in 3 years | 267% |
| Growth in 1 year | 86% |
| Notable investor shares | 28,810,965 |
| Investor holding | 2% |
| Mutual funds holding | 13.89% |
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