IHCL stands for The Indian Hotels Company Limited and they own brands like Ginger, Taj, Taj Selections, AMA, Vivanta, and many more. But the most notable brand among them is most definitely the Brand of Taj which is a 5 Star Luxury Hotel Chain that is spread all across India. In fact, I really love to stay in such Fine Hotels and enjoy the experience even if it is for a Day.
So I have come up with a somewhat crazy idea where I can gain some sort of Discounts on Taj Properties, and the answer to that is to buy the Shares of IHCL and possibly gain some Discount Vouchers. It has come to my attention that IHCL Share owners are entitled to some Discount Vouchers provided they hold a certain amount of Shares and for a certain amount period so I was wondering if I could avail of the same benefit that way my stays at Taj properties could get cheaper.
Now I do understand that Buying a Share simply because I want to enjoy some Discount Vouchers sounds dumb as an Investment but fortunately for me IHCL also happens to belong to the TATA Group and it has some good Financials to back it up.
As you can see IHCL has given some decent returns even though they had the COVID Years to endure when the Hospitality department took a huge hit. The Sales Growth, Profit Growth as well and Stock Return overall look good and the only couple of things that are a little to be worried about are the Return on Equity and the Debt-to-equity ratio. But being a TATA Group Company I am Bullish on this Stock and will start accumulating from Tomorrow itself.