HOTEL STOCKS

Hotel stocks in focus; Lemon Tree, India Hotels could give 9-20% return in next 1 year

India's hospitality sector sees robust growth with increasing demand for branded rooms, particularly in urban hubs and the luxury segment. Growth is sustained by infrastructure development and rising business travel, reflected in increased RevPAR and corporate rate hikes.

Stocks in news: JSW Infra, Stanley Lifestyles, SAMHI Hotels, Bank Of Baroda, IREDA

Indicating that the company is still interested in the mega Tajpur deep sea port in West Bengal, JSW Infrastructure Ltd said that it remains open to re-evaluate its strategy for the project.

SAMHI Hotels block deals: Morgan Stanley, Abu Dhabi Investment Authority buy shares worth Rs 79 crore

Morgan Stanley Asia Singapore Pte acquired around 31 lakh shares, while ADIA purchased 11.35 lakh shares. Together, their combined investment amounts to Rs 79 crore.

Indian Hotels share price down 0.66 per cent

A total of 42,838 shares changed hands on the counter till 12:59PM (IST).

Stocks in news: HCL Tech, Polycab, SAMHI Hotels, Archean Chemical, Ambuja Cement

Sagar Cements re-appointed S Anand Reddy as Managing Director and S Sreekanth Reddy as Joint Managing Director of the company for a period of three 3 years.

Stock Radar I Time to buy? Indian Hotels gave a breakout from a 4-month consolidation: Shivangi Sarda

Stock Radar: Indian Hotels rallies over 70% in 1 year to hit fresh record high; time to buy or book profits?

In a remarkable turnaround, the hotel stock surged from ₹380 on June 23, 2023, to ₹649 on June 26, 2024, a staggering 70% increase within a year. However, the rally lost some steam in the latter half, peaking at ₹602 in February 2024 before facing resistance. The stock subsequently consolidated within a range, finding support at ₹480-500 and facing resistance at ₹600-622.

Indian Hotels shares drop 4.72% as Sensex rises

A total of 212,979 shares changed hands on the counter till 02:05PM (IST)

Shares of Indian Hotels fall as Nifty gains

On the technical charts, the 200-day moving average of the stock stood at Rs 500.59.

Indian Hotels shares up 1.78% as Nifty gains

The stock quoted a 52-week high price of Rs 661.0 and low of Rs 371.45.

Share price of Indian Hotels jumps as Sensex gains 23.01 points

Promoters held 38.12 per cent stake in the company as of 31-Mar-2024, while FII and DII ownership stood at 24.47 per cent and 15.92 per cent, respectively.

Market Trading Guide: Suzlon Energy, RVNL among 6 stock recommendations for Monday

Indian headline equity indices closed in the red on Friday, dragged down by index heavyweights Reliance Industries, L&T, and HDFC Bank. The S&P BSE Sensex closed 0.35% lower at 77,209, while the NSE Nifty50 index ended below the 23,550 level. "The short-term trend of Nifty continues to be range bound with weak bias. However, a move below the immediate support of 23300-23250 levels could possibly indicate the beginning of a short-term downward correction in the market," said Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities. Here are 6 stock recommendations for Monday:

Market Trading Guide: Indiabulls Real Estate, Chalet Hotels among 5 stock recommendations for Friday

Benchmark equity indices Sensex and Nifty soared to new lifetime highs on Thursday, fuelled by intense buying in market heavyweights Reliance, ICICI Bank and HDFC Bank amid a recent surge in foreign capital inflows. Besides, stable global crude prices extended support to capital markets amid investors looking for fresh triggers, traders said. The 30-share BSE Sensex climbed 141 points to settle at a new closing peak of 77,479. The NSE Nifty rose 51 points to end at its fresh closing high of 23,567. "Nifty rose mildly after a volatile session. It formed another long-legged Doji forming a sideways pattern. Nifty could now stay in the 23,413-23,664 band for the near term," said Deepak Jasani, Head of Retail Research at HDFC Securities,

Stock Radar: Indian Hotels hit fresh record high in June; experts suggest buy on dips

After rising over over 50% in the last 1 year, the hotel stock has underwent mild time-wise correction since April and is stuck in a range where 622 acted as a stiff resistance on the upside while 500 acted as a support. The recent momentum has lifted the stock to hit a fresh record high of Rs 626 on June 18, 2024, but it lost its steam on Wednesday, in line with the market trend. However, dips towards 605-610 can be used as a buying opportunity, and a close above 622 will take it towards 650 levels.

Is buying just hotel stocks better or a collection of stocks which gain from travel hungry Indians? 17 stocks from the whole tourism ecosystem

There can be a debate on whether, after the run up that hotel stocks saw in the last three years, are they cheap or not, and whether one should buy them now. But when it comes to tourism and the possibility that it will grow at a much faster rate, there is little room for debate. Now the question is if one buys only one set of stocks, for example hotel stocks, they come with their own plus and minus, right from the business risk of that industry to the fact that in tourism business, there are many segments, so there is a premium segment, there are travelers who travels by train and stay in medium size hotel which are not even listed. But then he has spent money in booking his ticket which has been captured on a railways ticketing platform. So, why not have that railway ticketing platform in a small portion of the portfolio.

Stock Radar | Time to buy? Indian Hotels on the cusp of range breakout: Ruchit Jain

A break above 23,500 may clear Nifty’s path to 24,000

Technical charts, options data, and India VIX levels suggest possible consolidation for the Nifty within the 23,200-23,600 range this week. If the index anages to close decisively above 23,500, it could move towards 24,000, analysts said. M&M, TVS Motors, Bharti, Indian Hotels, ICICI Lombard, Cipla, JB Chemicals, harmabees, and Hindustan Zinc are some of the stocks recommended by the analysts for trading.

Turnaround stocks: 10 companies that returned to profit in Q4

According to Ace Equity data, Piramal Pharma, Inox Wind Energy, BHEL, Sunteck Realty, Tejas Networks, and others turned profitable in Q4FY24

18 companies turned profitable in Q4 after 3 straight quarterly losses. Worth buying?

18 companies including BHEL, Centrum Capital, Inox Wind, Piramal Pharma, SAMHI Hotels, and Sterling and Wilson turned profitable in Q4 after consecutive losses. Sagar Cements reported a profit of Rs 11.59 crore. Inox Wind Energy recorded a profit of Rs 38.8 crore. Analysts expect India Inc earnings to grow by 12% for FY25.

EIH Associated Hotels shares rally 17% ahead of bonus shares issue plan

EIH Associated Hotels surged 17% to Rs 845 on BSE as it plans to issue bonus shares. The company's strong performance is evident from Trendlyne data. It is part of The Oberoi Group, known for luxury hotels and various services.

7 smallcap stocks close crossing below VWAP on June 4

On June 4, the closing prices of five small-cap stocks dropped by more than 7.5% relative to the VWAP (Volume Weighted Average Price), and a shift below the VWAP suggests a potential bearish trend, according to stockedge.com's technical scan data. When the closing price falls below the VWAP, it signifies that the closing price is lower than the average price at which it was traded throughout the day, with the average being weighted by trading volume. This can be seen as a potential indication of increased selling pressure.

Reliance Industrial Infra, Manappuram Finance, Indian Hotels among 3 stocks in focus this week for dividends & other corporate actions

Key financial announcements include dividend declarations by Reliance Industrial Infrastructure, Manappuram Finance, Indian Hotels, IndiaMart InterMesh, SMC Global Securities, Uno Minda, Home First Finance, Himadri Speciality Chemical, ICICI Lombard General Insurance, and JM Financial. Sharda Motor Industries approved a buyback, while Motilal Oswal announced a stock split.

IEX, Infosys among 10 stocks in focus today ahead of AGM and stock split

IT giant Infosys declared a dividend of Rs 20/share along with a special dividend of Rs 20 per share. The record date for the same is May 31. The company's board meeting is also scheduled for today