The Indian Hotels Company Limited
Canara Robeco Mutual Fund increased its stake in The Indian Hotels Company Limited from 2.20% to 2.36%, buying 23,89,571 shares. The value of the additional shares is approximately ₹174 Cr, based on the company's share price of ₹727.90.
One of India's leading hospitality companies, Indian Hotels operates a diversified portfolio spanning luxury, upscale, and midscale hotel segments across multiple brands and properties. The company manages accommodations and hospitality services in four continents, 12 countries, and over 100 cities, serving both domestic and international guests. Its distinctive positioning combines heritage brands with contemporary offerings across multiple price points and market segments.
Joint venture between Canara Bank and Robeco of Netherlands. Manages over Rs 1.5 lakh crore. Canara Robeco Equity Hybrid Fund and Canara Robeco Emerging Equities are among its best-regarded offerings with long consistent track records. Backed by the Canara Bank network for distribution across Tier 2 and Tier 3 India.