India Hotels Shares: India Hotels shares rose 0.75% in Wednesday’s trading session.
In the previous session, the stock had closed at Rs 568.95. The stock hit a 52-week low of Rs 368.45 and a 52-week high of Rs 622.25. The company quoted a market capitalization of Rs 81,014.65 crore on the BSE.
On BSE, 14,418 shares have been traded so far. At its current price, the stock is trading at 64.34 times its trailing 12-month EPS (Rs 8.85 per share) and 8.9 times its book value. Return on equity (ROE) was recorded at 13.31 rupees.
main financial
For the quarter ended March 31, 2024, Indian Hotels Company Ltd. reported consolidated revenue of Rs 1,951.46 crore, down 17.95% from the same quarter a year ago. The company reported net profit for the latest quarter at Rs 417.76 crore, up 27.26% year-on-year.
technical indicators
The relative strength index (RSI) for stocks was released on Wednesday. RSI oscillates between 0 and 100. Traditionally, an RSI value above 70 is considered overbought, and an RSI below 30 is considered oversold. Analysts say the RSI indicator should not be viewed in isolation. This is in the same way that fundamental analysts cannot provide “buy” or “sell” recommendations using a single rating ratio.
