Tata Group stocks: IHCL share price to watch on January 20
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Betting on Tata Group Stocks
Most Tata Group stocks have delivered impressive returns in recent years. One such stock is Indian Hotels Company Limited (IHCL).
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Potential Upswing for Indian Hotels Stock
Following strong Q3 results, the stock could see an upswing on Monday, January 20th. Keep an eye on this stock.
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Indian Hotels Q3 Results
Tata Group's Indian Hotels Company Limited (IHCL) reported increased profit and revenue in Q3 FY25. Net profit rose 29% to ₹582.32 crore.
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IHCL Q3 Results
Indian Hotels reported a 29% rise in total revenue to ₹2,592 crore in Q3, compared to ₹2,003.64 crore in the same quarter last year.
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IHCL Hotels and Projects
IHCL's MD & CEO, Puneet Chhatwal, reported strong revenue growth of 16% in the hotel segment for the 11th consecutive quarter. IHCL has 360 hotels across 13 countries.
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Indian Hotels Share Price
On Friday, January 17, 2025, Indian Hotels shares closed at ₹816, up 0.56%.
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IHCL Share Performance
Indian Hotels stock has delivered impressive returns: 18% in 3 months, over 38% in 6 months, 76% in 1 year, 163% in 2 years, 290% in 3 years, and 480% in 5 years.
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IHCL Share High Level
The 52-week high for Indian Hotels is ₹894.15, and the 52-week low is ₹450.55. The impact of the positive quarterly results could be seen on Monday.
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Note
Consult your market expert before making any investment decisions.