Indian Hotels was always the favourite but it doesn't go up and it has been consistently moving down.
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Indian Hotels Company Ltd Stock News, Analyst Calls And Reviews
Indian Hotels Company Ltd (IHCL), part of the Tata corporation, is making plans to append 1,200 rooms during the exiting fiscal (2012-13), a top company official said today.
On the sidelines of an event, Mr. Raymond Bickson, managing director and chief executive officer of the company stated, "We want to add 1200 rooms by FY13. Out of this, 50% will be through management contract."
Indian Hotels that functions the Taj chain of hotels and resorts registered an increase of 65% in occupancy during January-March 2012, Mr. Raymond Bickson said adding the firm also augmented its rental fee by 5-10% during the period
At 11:58 a.m., the company’s shares were ruling 0.2% down at Rs 65.20 on the Bombay Stock Exchange.
The stock looks good for medium or long term investment.
The investors can buy the stock on declines.
Indian Hotels was always the favourite but it doesn't go up and it has been consistently moving down.
Indian Hotels Said to Seek Bigger Stake in Orient-Express
