Friday, October 18, 2024
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Surat
34 C
Surat
Friday, October 18, 2024

Shares of Indian Hotels declined as the Sensex fell by 89.69 points

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The share price of Indian Hotels Company Ltd. fell 1.11 percent in Tuesday’s trade at 01:02 pm (IST) to Rs. came to 677.1. During the session the stock has so far traded at Rs. 690.65 high and Rs. has touched a low of 676.2. In the previous session, the share was Rs. closed at 684.75.

Over the counter on NSE Rs. The total traded volume so far is 64555 shares with a value of 4.4 Crores. It traded at a price-to-earnings multiple of 74.99 and a price-to-book ratio of 8.9.

A high P/E ratio indicates that investors are willing to pay a higher price for the earnings per rupee provided by the stock due to better future growth expectations.

Price-to-book value represents the underlying value of a company and the price investors are willing to pay even if there is no growth in the business.

The scrip has gained 64.7 percent over the past one year, while the 30-share index gained 24.13 percent during the same period.

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    Indian Hotels Company Ltd. Belongs to the Hotels and Resorts industry.

    Promoter/FII holding
    As on 30-Jun-2024, promoters held 38.12 per cent stake in the company, while foreign investors and domestic institutional investors owned 27.19 per cent and 13.71 per cent respectively.

    Chief Financial Officer
    For the quarter ended 30-Jun-2024, the company posted Rs. 1596.27 crores, compared to the previous quarter’s Rs. 1951.46 crore was down 18.2 percent from the year-ago quarter’s Rs. 1515.7 crore was 5.32 percent less.

    The profit in the latest quarter was Rs. 248.39 crore, which is 11.67 percent higher than the same quarter a year ago.

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