A Oneindia Venture

Why Indian Hotels May Be The Next Big Trade: Chart Patterns, Dividend & Jhunjhunwala’s Stake?

With 381 hotels in its portfolio, including 134 under construction, The Indian Hotels Company Limited (IHCL) operates in 14 countries, 4 continents, and more than 150 locations worldwide. Based on market value, the Indian Hotels Company Limited (IHCL) is the largest hotel business in India listed on both BSE and NSE. In the March 2025 quarter, Rekha Jhunjhunwala, the surviving wife of late investor Rakesh Jhunjhunwala, possessed 2.87 crore shares of the company in her portfolio, or a 2.02% stake in Indian Hotels.

Indian Hotels Sets Record Date For 225% Dividend: Buy Rekha Jhunjhunwala Stock?

Indian Hotels Company Dividend

"We are pleased to inform you that the Board of Directors at their Meeting held on May 5, 2025, have recommended a Final Dividend of ₹ 2.25/- per Equity Share of ₹ 1/- each (225%) for the Financial Year ended March 31, 2025 subject to shareholders' approval at the ensuing Annual General Meeting (AGM) to be held in the month of July 2025," said the company in a stock exchange filing.

Indian Hotels Company Dividend Record Date

"Pursuant to Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company has fixed Monday, June 30, 2025, as the Record Date for determining entitlement of Members to final dividend for the financial year ended March 31, 2025. If the final dividend as recommended by the Board of Directors is approved at the AGM, payment of such dividend, subject to deduction of tax at source, will be made on or after Friday, July 11, 2025. i. To all Beneficial Owners in respect of shares held in electronic form as per the data as may be made available by the National Securities Depository Limited and the Central Depository Services (India) Limited as at the close of business hours on Monday, June 30, 2025, and ii. To all those Members holding shares in physical form, whose names appear in the Company's Register of Members after giving effect to valid transmission or transposition requests lodged with the Company as at the close of business hours on Monday, June 30, 2025," said Indian Hotels Company in a regulatory filing.

Indian Hotels Company News

The largest hospitality organization in India, Indian Hotels Company (IHCL), said on Wednesday, May 21, that it has signed a public-private partnership with the Tripura government to build Taj Pushpabanta Palace in Agartala.

Mr. Puneet Chhatwal, Managing Director & CEO, IHCL, said, "Taj, for over a century, has been the custodian of India's heritage and culture, having restored some of the country's most celebrated palaces. The heritage Taj Pushpabanta Palace will be refurbished to its former glory in keeping with Taj's iconic legacy. We are delighted to partner with the Tripura Government for Taj Pushpabanta Palace".

He added, "This signing takes forward IHCL's history of pioneering new destinations and putting them on the global tourism map. The North East region, famed for its natural beauty, is witnessing significant commercial and economic development. IHCL reinforces its commitment to build new tourist circuits and itineraries in line with the Tata ethos of development of a region. Under IHCL's strategic roadmap Accelerate 2030, targets to grow its multi-brand presence in the region to 30 hotels by 2030. IHCL, along with its partner ecosystem, is committed to investing Rs. 2500 crores in the region over the next three years."

Indian Hotels Company Q4 Results

For the March quarter (Q4FY25), Indian Hotels Company (IHCL) recorded a 30.4 percent year-on-year jump in its standalone net profit to Rs 481.20 crore. The company's net profit for the same period the previous year was Rs 369.08 crore. The quarter's revenue from operations was Rs 1,476.33 crore, up from Rs 1,341.65 crore in Q4FY24. While the EBITDA margin grew 0.8 percentage points to 36.9 percent, EBITDA jumped 30 percent YoY to Rs 918 crore in Q4FY25.

Indian Hotels Company Share Price Target

"Indian Hotels continues to show strong bullish behavior, sustaining above all major moving averages. Immediate support lies at ₹750, while resistance is seen at ₹790-₹800. The stock is in a higher-top, higher-bottom formation and any dip is being bought into. Traders can consider buying on dips near ₹760-₹765 with a stop-loss at ₹740. A breakout above ₹800 may open up a fresh rally toward ₹840. The trend remains firmly positive," commented Riyank Arora - Technical Analyst - Mehta Equities Limited.

Disclaimer

The recommendations made above are by market analysts and are not advised by either the author, nor Greynium Information Technologies. The author, nor the brokerage firm nor Greynium would be liable for any losses caused as a result of decisions based on this write-up. Goodreturns.in advises users to consult with certified experts before making any investment decision.

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