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Hindustan Copper OFS opens for retail investors. Should you apply in the metals major's offer?The OFS opened for non-retail investors on August 4, and saw strong participation. It now opens for retail investors today. Investors can p...
Will IHCL's merger with Oriental Hotels unlock value for shareholders? Here's what Goldman Sachs, Nomura, and others sayIHCL’s merger with Oriental Hotels is expected to be EPS accretive and strengthen its presence in South India, according to brokerages. Nom...
Explained: What Oriental Hotels’ merger with IHCL means for shareholdersIHCL will merge Oriental Hotels into itself through an all-stock transaction, with Oriental Hotels shareholders set to receive 25 IHCL shar...
Tata Group stock falls 2% after Q1 net profit jumps 18% to Rs 390 croreIndian Hotels Company reported a 18.5% net profit rise in Q1 FY27. Revenue per available room increased fourteen percent at domestic hotels...
IHCL shares in focus after Q4 results; firm highlights Iran-US war impact. Here’s what Morgan Stanley, other brokerages sayThe Indian Hotels Company Limited (IHCL) reported a 15% year-on-year rise in net profit to Rs 600 crore for Q4 FY26, despite a 36% sequenti...
IHCL Q4 Results: Profit jumps 29% YoY to Rs 438 croreThe hotel chain has commenced a five-year capital deployment plan from financial year 2023 to 2027 totalling Rs 3,500 crore towards key ass...
Indian Hotels to EIH: Should you check into hospitality stocks now?Nirmal Bang maintains a Buy rating on Indian Hotels (IHCL), Chalet Hotels and EIH with target prices of Rs 335, Rs 378 and Rs 192, respecti...
Q3 was the most positive quarter in seven quarters for tourism industry, says Indian Hotels’ Puneet Chhatwal“Q3 was the most positive quarter of the seven quarters that have gone by for the tourism industry in general and hospitality in particular...
IHCL Q2 results: Co reports revenues at Rs 728 cr, losses narrow down to Rs 131 crIHCL's losses narrowed down to Rs 131 crore from Rs 252.09 crore in the corresponding period of the previous fiscal. IHCL had reported reve...
IHCL reports Q1 revenue from operations at Rs 345 cr; losses at Rs 301.5 crIHCL Board approves raising of long term funds not exceeding Rs 250 crore by way of secured or unsecured long term financing.
IHCL reports profit of Rs 213 crore for quarter ended December 31The hospitality chain reported revenues of Rs 1372 crore for the quarter under review.
Rights issue terms get all clear from IHCL committeeIHCL plans to add around 400-500 keys to these two properties. IHCL's stock closed at Rs 112.15 on the Bombay Stock Exchange on Friday.
IHCL falls 7% after company board approves rights issuePromoters held 38.65 per cent stake in the company as of June 2017.
Tata-owned India Hotels sells 5.1 per cent stake in Belmond for $49.57 millionIndian Hotels Company has sold its overseas subsidiary Samsara Properties at 51.75 lakh class A shares of Belmond for a consideration of $4...
Indian Hotels divests 1.24% stake in Belmond for around Rs 82 croreIndian Hotels has trimmed its shareholding in Belmond, formerly known as the Orient Express Hotels, by selling 1.24 per cent of its stake.
- IHCL may issue fresh warrants as stock takes a hit
Indian Hotels Company (IHCL), owner of the Taj chain of hotels, is believed to have decided to issue fresh warrants after shareholders deci...
- Orient Express to issue fresh shares, sell assets
Luxury resorts ownwer Orient Express Hotels is looking to sell off properties to tide over its financial woes.