Shares of Indian Hotels Company Ltd. traded 3.04 per cent down in Wednesday’s trade at 12:18PM (IST). Around 182,350 shares changed hands on the counter.
The stock opened at Rs 572.9 and touched an intraday high and low of Rs 576.75 and Rs 551.25, respectively, in the session so far. Shares of the company of Indian Hotels Company Ltd. quoted a 52-week high of Rs 602.75 and a 52-week low of Rs 302.3.
The company reported consolidated net sales of Rs 2003.64 crore for the quarter ended 31-Dec-2023, up 35.3 per cent from the previous quarter. The net profit for the latest quarter stood at Rs 451.95 crore, up 18.09 per cent from the corresponding quarter last year.
As per BSE, the total market cap of the Indian Hotels Company Ltd. stood at Rs 78893.73 crore at the time of writing this report.
The stock traded at a P/E multiple of 67.45 and a price-to-book ratio of 5.77. Indian Hotels Company Ltd. belongs to the Hotels & Resorts industry.
