AgenciesRelated
ICICI Direct has buy call on Company with a target price of Rs 244. The current market price of Indian Hotels Company is Rs 231.15. Time period given by analyst is Intra Day when Indian Hotels Company Ltd. price can reach defined target.
., incorporated in the year 1902, is a Mid Cap company (having a market cap of Rs 32853.84 Crore) operating in Tourism & Hospitality sector.
Indian Hotels Company Ltd. key Products/Revenue Segments include Income from Rooms, Restaurants & Other Services for the year ending 31-Mar-2021.
Financials
For the quarter ended 31-03-2022, the company reported a Consolidated Total Income of Rs 954.88 Crore, down -15.79 % from last quarter Total Income of Rs 1133.92 Crore and up 52.42 % from last year same quarter Total Income of Rs 626.47 Crore. Company reported net profit after tax of Rs 79.72 Crore in latest quarter.
Investment Rationale
Strong buying demand emerged at the 100-day EMA and the previous major breakout area
Promoter/FII Holdings
Promoters held 38.19 per cent stake in the company as of 31-Mar-2022, while FIIs owned 16.03 per cent, DIIs 28.51 per cent.
., incorporated in the year 1902, is a Mid Cap company (having a market cap of Rs 32853.84 Crore) operating in Tourism & Hospitality sector.
Indian Hotels Company Ltd. key Products/Revenue Segments include Income from Rooms, Restaurants & Other Services for the year ending 31-Mar-2021.
Financials
For the quarter ended 31-03-2022, the company reported a Consolidated Total Income of Rs 954.88 Crore, down -15.79 % from last quarter Total Income of Rs 1133.92 Crore and up 52.42 % from last year same quarter Total Income of Rs 626.47 Crore. Company reported net profit after tax of Rs 79.72 Crore in latest quarter.
Investment Rationale
Strong buying demand emerged at the 100-day EMA and the previous major breakout area
Promoter/FII Holdings
Promoters held 38.19 per cent stake in the company as of 31-Mar-2022, while FIIs owned 16.03 per cent, DIIs 28.51 per cent.
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