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This Strong Tata Group Share Will Make Good Profit In 4-6 Days; Short-term Technical Pick

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Tata Group Stocks to Buy: Today, in this post we’ll discuss about Indian Hotels Company latest news, fundamentals, potential growth areas, and all sorts of information regarding this company to gain a better understanding. We hope our analysis will provide you better insight about the company.

Due to strong global signals, domestic stock markets had a strong start. Amidst the recovery in the market, brokerage firm Motilal Oswal has made Tata Group’s hospitality company Indian Hotels Company Ltd (NSE: INDHOTEL)a short-term technical pick. 

The brokerage has advised to take a position in this veteran stock with a perspective of 2-3 days. This stock has jumped about 6 percent in the last week.

A new record high was made in the stock market on last day.

Indian Hotels: Target For 2-3 Days

The brokerage firm has picked Indian Hotels as its technical selection for the next two days. The target has been fixed at Rs 620. On March 28, 2024, the share price was 591 rupees.

This way the upside of 4-5 percent can be observed in the stock compared to the current price. The 52-week high of this stock is 605 and the low is 318.

Indian Hotels: Strong Movement In Shares

The performance of hotel stock in Indian Hotels witnessed a strong rise in the last year. The stock has increased by over 87 percent in the past year.

In the past six months, this stock has yielded a profit of 46 percent for investors. The stock has seen an increase of 37 percent over the last three months.

The stock has grown 37 percent to date this year. The market value of the company’s shares on BSE is higher than 851.35 cr.

About Indian Hotels Company Ltd

Indian Hotels Company Limited is a hospitality business based in India. The primary business of the company is to manage, own, and operate hotels, resorts, and palaces. 

The portfolio includes premium and luxury hotel chains, as well as diverse F&B brands, salons, wellness brands, lifestyle brands, and products. 

The Company’s brand portfolio includes Taj, Taj Sats, SeleQtions, Ginger, ama Stays & Trails, Vivanta, Qmin, Khazana, The Chambers, niu&nau, Soulinaire, Loya, F&B, Golden Dragon, House of Nomad, and Seven Rivers. The Company’s flagship is the Taj.

Fundamental Analysis of Indian Hotels Company Ltd

Market Cap₹ 86,032 Cr.
Current Price₹ 603.20
52-wk High₹ 608
52-wk Low₹ 318
Stock P/E73.6
Book Value₹ 58.2
Dividend0.17 %
ROCE12.6 %
ROE12.7 %
Face Value₹ 1.00
P/B Value10.4
OPM31.3 %
EPS₹ 8.23
Debt₹ 2,718 Cr.
Debt to Equity0.33

Indian Hotels Company Ltd Shareholding Pattern

Promoters Holding
Dec 202238.19%
Mar 202338.19%
June 202338.19%
Sept 202338.19%
Dec 202338.12%
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FII Holding
Dec 202219.00%
Mar 202318.24%
June 202321.64%
Sept 202322.17%
Dec 202323.28%
DII Holding
Dec 202226.55%
Mar 202327.47%
June 202324.05%
Sept 202323.13%
Dec 202322.19%
Govt. Holding
Dec 20220.13%
Mar 20230.13%
June 20230.13%
Sept 20230.14%
Dec 20230.14%
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Public Holding
Dec 202216.12%
Mar 202315.97%
June 202315.98%
Sept 202316.38%
Dec 202316.27%

Indian Hotels Company Ltd Share: Last 5 Years’ Financial Condition

To better understand how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 4,512 Cr
2020₹ 4,463 Cr
2021₹ 1,575 Cr
2022₹ 3,056 Cr
2023₹ 6,489 Cr

Last 5 Years’ Net Profit:

2019₹ 296 Cr
2020₹ 364 Cr
2021₹ -796 Cr
2022₹ -265 Cr
2023₹ 1,231 Cr
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Last 5 Years’ Debt-To-Equity Ratio:

20190.4
20200.53
20210.68
20220.28
20230.1

Last 10 Years’ Profit Growth:

10 Years:32%
5 Years:59%
3 Years:51%
Current Year:61%

Last 10 years’ Return on Equity (ROE):

10 Years:0%
5 Years:1%
3 Years:-1%
Last Year:13%

Sales Growth Over 10 Years:

10 Years:4%
5 Years:7%
3 Years:9%
Current Year:28%

Conclusion

This article is a complete guide about Indian Hotels Company Ltd Share. This information and forecasts are based on our research, company fundamentals, history, experiences, and technical analyses. 

Also, We have discussed the share’s prospects and growth potential in detail.

This information will help you in your further investment. 

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If you have any further queries, please comment below. We will be happy to answer all your questions. 

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Disclaimer: The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. We are here to provide timely updates about the stock market and financial products to help you make better investment choices.

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