Indian Hotels Share Price in Focus; Announces Opening of 181-Key Taj Palace in Lucknow

Indian Hotels Company has opened a new Taj Palace in Lucknow. The hotel has 181 rooms and was opened by Uttar Pradesh Chief Minister of the state on Wednesday, as per The Economic Times news report. 

New Hotel Opens in Lucknow 

The new Taj Palace has 181 rooms. The company said Lucknow is seeing more investment and development, while more people are also visiting the city. 

The company already has a Taj hotel in Lucknow, so this is its second Taj property in the city. This has made the city an important place for hotel companies looking to expand. 

IHCL Has in Uttar Pradesh 

The compant has 60 hotels in more than 20 cities in the state, The company said its presence in the state has grown over the years. The opening of another Taj hotel in Lucknow adds to this network. 

Company Plans to Grow Further 

Puneet Chhatwal, Managing Director and CEO of IHCL, said cities such as Lucknow are seeing growth because of better infrastructure, higher investment and more visitors. 

He said the company plans to make use of this growth and continue building its presence in the region. 

Read More: Aditya Birla Capital Shares Gain Nearly 3% As Company Enters Gold Loan Business! 

Indian Hotels Share Price Performance 

As of August 20, 2026, Indian Hotels share price closed at ₹735.85 per share, reflecting a surge of 1.73% from the previous trading session. 

Conclusion 

The new Taj Palace adds 181 rooms to Indian Hotels' business in Lucknow. It is the company's second Taj hotel in the city and adds to its 60 hotels across Uttar Pradesh. 

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