ReutersNEW DELHI: Shares of Indian Hotels Company Ltd. traded 0.18 per cent up in Monday's trade at 12:25PM (IST). Around 23,206 shares changed hands on the counter.
The counter opened at Rs 382.05 and touched an intraday high and low of Rs 383.8 and Rs 380.75, respectively, in the session so far. Shares of the company of Indian Hotels Company Ltd. quoted a 52-week high of Rs 399.4 and a 52-week low of Rs 207.25.
As per BSE, the total market cap of the Indian Hotels Company Ltd. stood at Rs 54223.78 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 1654.54 crore for the quarter ended 31-Mar-2023, down 5.1 per cent from previous quarter's Rs 1743.51 crore and down 73.27 per cent from the year-ago quarter's Rs 954.88 crore.
The net profit for latest quarter stood at Rs 328.27 crore, up 342.47 per cent from the corresponding quarter last year.
As of 31-Mar-2023, domestic institutional investors held 22.29 per cent stake in the firm, while foreign institutional investors held 18.24 per cent and the promoters 38.19 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 54.08 and a price-to-book ratio of 5.77. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Indian Hotels Company Ltd. belongs to the Hotels & Resorts industry.
The counter opened at Rs 382.05 and touched an intraday high and low of Rs 383.8 and Rs 380.75, respectively, in the session so far. Shares of the company of Indian Hotels Company Ltd. quoted a 52-week high of Rs 399.4 and a 52-week low of Rs 207.25.
As per BSE, the total market cap of the Indian Hotels Company Ltd. stood at Rs 54223.78 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 1654.54 crore for the quarter ended 31-Mar-2023, down 5.1 per cent from previous quarter's Rs 1743.51 crore and down 73.27 per cent from the year-ago quarter's Rs 954.88 crore.
The net profit for latest quarter stood at Rs 328.27 crore, up 342.47 per cent from the corresponding quarter last year.
Shareholding pattern
As of 31-Mar-2023, domestic institutional investors held 22.29 per cent stake in the firm, while foreign institutional investors held 18.24 per cent and the promoters 38.19 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 54.08 and a price-to-book ratio of 5.77. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Indian Hotels Company Ltd. belongs to the Hotels & Resorts industry.
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