Mumbai, May 24, 2025 — Indian Hotels Company (IHCL), the hospitality arm of the Tata Group, saw a modest uptick in its stock price following the announcement of a new property in Vrindavan, Uttar Pradesh. The company has signed a Welcomhotel with KD Greens, Mathura, marking the debut of the Welcomhotel brand in the revered pilgrimage town.
The move reinforces IHCL’s strategic presence in Uttar Pradesh, bringing the total number of operational hotels under the ITC Hotels portfolio in the state to six, with 479 keys, and additional properties in the pipeline. The newly signed hotel, ‘Welcomhotel by ITC Hotels Vrindavan,’ will offer 120 guest rooms and is set to be located on the Delhi-Agra NH-19 highway, approximately 90 kilometers from the upcoming Noida International Airport.
Welcomhotel Taps Into Religious Tourism
Vrindavan, a globally recognized center of spiritual tourism associated with Lord Krishna, sees millions of domestic and international visitors annually. The new Welcomhotel is expected to cater to this influx by providing high-end hospitality in a city that has seen growing demand for quality accommodations.
IHCL’s partnership with KD Greens reflects a broader strategy to capitalize on the religious and heritage travel segment, which has become an increasingly important focus area in India’s domestic tourism landscape.
Positive Market Response
On the Bombay Stock Exchange (BSE), Indian Hotels Company shares traded at ₹771.10, up by ₹1.00 or 0.13% from its previous close. The scrip opened at ₹773.35 and touched an intraday high of ₹775.90 and a low of ₹767.15. Over 68,000 shares were traded in the session.
IHCL’s 52-week high stands at ₹894.15, recorded on December 30, 2024, and the 52-week low is ₹507.45, noted on June 4, 2024. The company’s current market capitalization is ₹1,09,903.20 crore.
Promoter holding in the company is at 38.12%, while institutional and non-institutional investors hold 46.14% and 15.75% respectively.
About Indian Hotels Company
Indian Hotels Company and its subsidiaries, commonly known as Taj Hotels, Resorts and Palaces, operate across the luxury, premium, mid-market, and value segments. The group is regarded as one of Asia’s largest and most prestigious hospitality chains, with a legacy rooted in delivering world-class service and operational excellence.
With this latest addition, IHCL continues to solidify its position in North India while expanding its diversified portfolio through strategic alliances and new developments.