Tata Group backed IHCL's shares jump 3%, hit 52-week high. Here's why
- Posted on November 19, 2024
- By Business News Today
- 1 Views
Tata Group backed IHCL's shares jump 3%, hit 52-week high. Here's why
Indian Hotels Company (IHCL) shares hit a 52-week high after the company revealed its 'Accelerate 2030 strategy'. The plan aims to double consolidated revenue to Rs 15,000 crore by expanding its portfolio to over 700 hotels across new and existing brands. This ambitious growth strategy is backed by India's strong economic outlook and booming tourism sector.