Tata Group TRENT Share Price
Share market
C
CNBC Awaaz•01/12/2025

Indian Hotels Company Limited unveils ₹190.5 crore acquisitions, expanding midscale hotel portfolio

  • •IHCL's subsidiary RCL acquires 51% stake in two hotel companies.
  • •RCL invests ₹81.2 crore in Pride Hospitality and ₹109.3 crore in ANK Hotels.
  • •Pride Hospitality and ANK Hotels own over 140 midscale hotels nationwide.
  • •Indian Hotels shares closed at ₹749, up 0.63% on Monday.
  • •Consult a financial advisor before investing based on opinions.

Why it matters: This impacts investors as IHCL expands its hotel portfolio and market presence in India.

Read Full Article on Cnbc in Hindi
✦

Related Articles

Loading more articles...