Shares of Indian Hotels surged by 2.48% in today’s trading session, closing at Rs 772.05. This upward movement added Rs 2,666 crore to the company’s market capitalization, which now stands at Rs 1,09,896.09 crore. The stock also touched a new 52-week high of Rs 774.00 during intraday trading.
Key Trading Highlights:
- Previous Close: Rs 753.40
- Closing Price: Rs 772.05
- Market Cap Increase: Rs 2,666 crore
- Current Market Cap: Rs 1,09,896.09 crore
Price and Volume Details:
- Opening Price: Rs 760.00
- Intraday High: Rs 774.00
- Intraday Low: Rs 754.20
- Volume Weighted Average Price (VWAP): Rs 765.80
- Turnover: Rs 10.40 crore
52-Week Performance:
- 52-Week High: Rs 774.00 (November 21, 2024)
- 52-Week Low: Rs 413.50
Analyst Confidence:
Jefferies has maintained its “Buy” rating on Indian Hotels, citing confidence in the company’s robust growth strategy and track record of delivering on past guidance. The continued bullish outlook underscores strong investor sentiment and the company’s dominance in the hospitality sector.
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