Buy Indian Hotel With Stop Loss Of Rs 103

Buy Indian Hotel With Stop Loss Of Rs 103Stock market analyst Shardul Kulkarni of Angel Broking has maintained 'buy' rating on Indian Hotel Company Ltd stock with one-week target of Rs 114.

According to analyst, the interested investors can buy the stock with strict stop loss of Rs 103.

The stock of the company, on Sep 03, closed at Rs 106.70 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 118.35 and a low of Rs 65.60 on BSE.

Current EPS & P/E ratio stood at 1.82 and 58.83 respectively.

Indian Hotels Company is the country's biggest hospitality chain, which functions under "Taj Hotels, Palaces and Resorts" brand.

Indian Hotels Company Ltd is one of the top chains of luxury hotels and resorts having their establishments in a range of nations all over the world.

Aside from its base in the Indian market, Indian Hotels Company Ltd also has establishments in the U. S., the U. K., Malaysia, Sri Lanka, Australia, Mauritius, Maldives, Bhutan, the Middle East and Africa.

The biz of Indian Hotels Company Ltd is based on rights of hotels and strategic affiliations.

It constantly works in the direction of creating more marketing coalitions to develop its biz.

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