Indian Hotels Company, one of Asia's largest group of hotels, gained on better Q3 earnings. The company announced an increase of 28.01% in net profit to Rs 646.2 million for the quarter ended Dec. 31, 2012 as compared to Rs 504.8 million in the same period last year.
Total income from operations went up by 4.42% to Rs 5.45 billion
for the quarter ended Dec. 31, 2012 from Rs 5.21 billion in the
year ago period. 
Shares of the company are trading at
Rs 62.35, up Rs 0.85, or 1.38% at the Bombay Stock Exchange (BSE)
on Tuesday at 10:10 a.m.The scrip has touched an intra-day high of
Rs 63.70 and low of Rs 61.70. The total volume of shares traded at
the BSE is 55,040.In the earlier session, the shares declined
0.73%, or Rs 0.45, at Rs 61.50. Currently, the stock is trading
down 22.06% from its 52-week high of Rs 80 and above 21.54% over
the 52-week low of Rs 51.30.
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