INDIAN HOTELS STOCK

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.

The stock traded at a P/E multiple of 71.07, while the price-to-book value ratio stood at 8.9.

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 an...

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

"Indian Hotels stock has recently given a breakout of its range of the last four months and is making higher highs from the last six weeks. Traders can buy for a target of Rs 685 in the next 3-4 weeks," Shivangi Sarda, Analyst, Derivatives and Techn...

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 r...

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

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

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

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.

Indian Hotels Company Ltd., incorporated in the year 1902, is a Mid Cap company (having a market cap of Rs 90871.91 Crore) operating in Tourism & Hospitality sector.

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 lift...

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, t...

“Indian Hotels stock has gone through a consolidation phase in last couple of months which just seemed to be a time-wise correction within an uptrend. Traders can buy for a target of Rs 650-670 in the next 3-4 weeks,” says Ruchit Jain, Lead Research...

The stock quoted a 52-week high price of Rs 626.0 and a 52-week low of Rs 371.45.

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 M...

The stock quoted a 52-week high price of Rs 622.25 and low of Rs 371.45.

The stock quoted a 52-week high price of Rs 622.25 and low of Rs 371.45.

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...