Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 465.55 and a 52-week low of Rs 280.2 on NSE. Around 175396 shares changed hands on the counter till 12:24PM (IST).
The stock opened at Rs 465.55 and has touched an intraday high and low of Rs 465.55 and Rs 459.55 during the session so far. The stock quoted a price-to-earnings (PE) ratio of 58.91, earnings per share (EPS) of Rs 7.75 and price to book value (PB) of 5.77, while the return on equity (ROE) stood at Rs 12.56.
Promoter/ FII Holding
The promoters held 38.19 per cent stake in the company as of January 15, while FII and MF ownerships stood at 22.17 per cent and 18.16 per cent, respectively.
Key Financials
With a market capitalisation of Rs 64819.97 crore, the company operates in the Hotels & Resorts industry. For the quarter ended 30-Sep-2023, the company reported consolidated sales of Rs 1480.87 crore, down 2.3 per cent from the previous quarter?s Rs 1515.7 crore and down 17.76 per cent from the same quarter a year ago. The company reported net profit of Rs 166.92 crore for the latest quarter, up 37.31 per cent from the corresponding quarter last year.
Technical Indicators
The relative strength index (RSI) of the stock stands at 65.77. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold condition when it is below 30. Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a “buy” or “sell” recommendation using a single valuation ratio.
