Sell Hotel Leela

Sell Hotel LeelaTechnical Analyst Prasad Kushe has maintained 'sell' rating on Hotel Leela Venture Ltd stock with 3-5 day target of Rs 43.

According to analyst, the investors can sell the stock with stop loss of Rs 53.

Today, the stock opened at Rs 48.50 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 53.45 and a low of Rs 25.55 on BSE.

Current EPS & P/E ratio stood at 0.60 and 79.62 respectively.

After selling the stock, the interested investors can enter the stock again at a low price, for long term prospective.

Hotel Leela Venture turned a well-known player in the Indian hospitality business owing to its best quality services.

Hotel Leela Venture works in both, the leisure and business segments therefore it has been capable of attaining too much popularity with tourists plus business experts.

The four hotels of the Hotel Leela Venture comprise The Leela Kempinski in Mumbai; The Leela in Goa; The Leela Palace Kempinski in Bangalore and The Leela Kovalam in Kerala.

The company's Bangalore-based hotel has been ranked by 'Forbes' as one the top hotels in the country.

Besides, it is also expanding its presence in Pune, Delhi, Hyderabad, and Chennai in the coming time.