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    Indian Hotels shares rise 0.34% as Sensex climbs

    Synopsis

    A total of 42,895 shares changed hands on the counter till 01:12PM (IST)

    A broker reacts while trading at his computer terminal at a stock brokerage firm in MumbaiReuters
    Nifty continues to climb a wall of worry as it looks to be in the final leg of its rally before heading for a correction.
    Shares of the Indian Hotels Company Ltd. traded at Rs 306.35 on BSE at 01:12PM (IST) on Tuesday, up 0.34 per cent from previous close.

    The stock quoted a 52-week low price of Rs 180.75 and a high of Rs 348.7.

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

    A total of 42,895 lakh shares changed hands on the counter till 01:12PM (IST).

    The stock of Indian Hotels Company Ltd. commands a market value of Rs 43613.37 crore.

    The stock traded at a price-to-earning (P/E) multiple of 98.72, while the price-to-book value ratio stood at 4.79. Return on equity (ROE) was at -3.5 per cent, according to exchange data.

    In the BSE500 pack, 156 stocks traded in the green, while 345 stocks were in the red.

    Promotor Holding
    Promoters held 38.19 per cent in the Indian Hotels Company Ltd. as of 31-Mar-2022 while overseas and domestic institutional investors owned 16.03 per cent and 28.51 per cent, respectively.



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    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
    The Economic Times

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