Indian Hotels stock price up 0.36 per cent as Sensex slides
Indian Hotels Company Ltd. rose 0.36 per cent to Rs 422.0 at 12:38PM hours (IST) on Thursday. Earlier in the day, the stock saw a start to the session.
As per data available on BSE, total traded quantity on the counter stood at 46,139 shares with a turnover of Rs 1.93 crore till 12:38PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 54.49, while the price-to-book value ratio stood at 5.77.
Return on equity (ROE) was at 12.56 per cent, according to exchange data.
The stock hit an intraday high of Rs 422.55 and a low of Rs 418.2 during the session and quoted a 52-week high price of Rs 436.25 and a 52-week low of Rs 280.2.
The stock's beta value, which measures its volatility in relation to the broader market, stood at 0.56.
Technical Indicators
The 200-DMA (day moving average) of the stock stood at Rs 376.11 on November 30, while the 50-DMA was at Rs 408.19.
If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
The Relative Strength Index (RSI) of the stood at 63.7. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.
