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    Indian Hotels shares rise 0.32% as Sensex slides

    Synopsis

    A total of 78,822 shares changed hands on the counter till 10:36AM (IST)

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    India 10-year bond yield fell 0.34 per cent to 6.13 after trading in 6.13-6.16 range.
    Shares of the Indian Hotels Company Ltd. traded at Rs 331.55 on BSE at 10:36AM (IST) on Wednesday, up 0.32 per cent from previous close.

    The stock quoted a 52-week low price of Rs 207.25 and a high of Rs 348.7.

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

    A total of 78,822 lakh shares changed hands on the counter till 10:36AM (IST).

    The stock of Indian Hotels Company Ltd. commands a market value of Rs 47313.54 crore.

    The stock traded at a price-to-earning (P/E) multiple of 63.21, 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, 283 stocks traded in the green, while 218 stocks were in the red.

    Promotor Holding
    Promoters held 38.19 per cent in the Indian Hotels Company Ltd. as of 31-Dec-2022 while foreign and domestic institutional investors owned 19.0 per cent and 26.36 per cent, respectively.
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