Taj GVK share price surged up by more than 4 per cent intraday to reach an intraday high of Rs 113.50 apiece on NSE. By 10.20 AM, 4,801 shares of the company have been traded on the counter of NSE for a total value of Rs 5.13 lacs.
TAJ GVK Hotels & Resorts Limited (TAJGVK) is a joint venture (JV), formed through a Strategic Alliance, between Indian Hotels Company Limited (IHCL) and the Hyderabad based GVK Group in the year 1999-2000. The GVK Group is a Hyderabad based multi product as well as a multi-location business conglomerate with several integrated companies in India and abroad. IHCL is a part of the TATA enterprise with a chain of hotels owning the Taj Group of Hotels. It manages and operates various hotels across the country and also abroad. The Company owns and operates three five star hotels in Hyderabad along with one five star hotel each in the cities of Chennai and Chandigarh.
Presently Taj GVK share price is trading at Rs 106.50, up by 2.26 per cent or 2.35 points. The intraday low so far is Rs 105.25. The share price opened at Rs 106.90 from the previous closing of Rs 104.15.
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