Meanwhile, the BSE Sensex was down 51.43 points, or 0.26%, to 19,560.77.
On BSE, 87,442 shares were traded in the counter as against average daily volume of 1.76 lakh shares over the past one quarter.
The stock hit a high of Rs 89.15 and a low of Rs 86.40 so far during the day. The stock had hit a 52-week high of Rs 118.35 on 14 May 2010 and a 52-week low of Rs 76.10 on 10 February 2011.
The mid-cap stock had underperformed the market over the past one month till 6 April 2011, rising 4.37% compared with the Sensex's return of 6.09%. The stock had also underperformed the market in past one quarter, falling 14.99% as against Sensex's decline of 2.84%.
The company has an equity capital of Rs 75.95 crore. Face value per share is Rs 1.
Indian Hotels reportedly aims to add between 1,500 to 2,000 rooms in the current fiscal year across 11 new properties. The hotel chain operator plans to increase its rooms in India to 20,000 by 2015 from the current 13,250, reports added.
Indian Hotels Company's net profit rose 22.5% to Rs 50.29 crore on 14.9% rise in net sales to Rs 485.34 crore in Q3 December 2010 over Q3 December 2009.