Shares of Taj GVK Hotels & Resorts have seen an impressive rise, soaring 29% in just two days and reaching a new high of Rs 497.60. This surge has been driven by heavy trading volumes, with the stock rallying 7% on Thursday alone. In February 2025, the stock has already jumped 41%.
Taj GVK Hotels & Resorts is a joint venture between GVK Group and The Indian Hotels Company Limited (IHCL). The company has a strong presence in Hyderabad and other cities, making it a prominent player in the Indian hospitality sector. Analysts attribute the stock’s recent performance to the recovery in the Indian hospitality industry and increased demand from both domestic and foreign tourists.
The positive sentiment around the stock is also supported by the company’s solid financial performance and strategic initiatives to expand its footprint. As the tourism sector continues to recover, Taj GVK is expected to benefit from the increased demand for hotel accommodations and services.
In summary, the stock of Taj GVK Hotels & Resorts has experienced significant growth in a short period, driven by heavy trading volumes and a positive outlook for the Indian hospitality industry.