Indian Hotels shares gain 1.86% as Sensex falls

Shares of the Indian Hotels Company Ltd. traded at Rs 581.6 on BSE at 10:15AM (IST) on Tuesday, up 1.86 per cent. The stock quoted a 52-week low price of Rs 350.45 and a high of Rs 622.25.

Earlier in the day, the stock saw a gap down opening.

At the prevailing price, the stock traded at 65.29 times its trailing 12-month EPS of Rs 8.85 per share and 8.9 times its book value, as per BSE data.

A total of 27,154 shares changed hands on the counter till 10:15AM (IST). The stock commands a market value of Rs 81270.86 crore and is part of the Hotels & Resorts industry.

The scrip has been an outperformer , up 62.19 per cent in the past one year in comparison with a 23.15 per cent gain in Sensex. During the day, the stock moved between Rs 584.65 and Rs 572.5. Promoter/FII Holding
Promoters held 38.12 per cent in the company as of 31-Mar-2024. FII and MF ownership in Indian Hotels Company Ltd. stood at 24.47 per cent and 15.92 per cent, respectively.