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Август
2023

Stock Radar: Indian Hotels holding well above 50-DEMA and may hit fresh record highs. Time to buy?

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Indian Hotels has a market capitalization of more than Rs 56,000 crore on the BSE and trades at a trailing P/E multiple of 63.67 and earnings per share (EPS) of 6.2, BSE data showed. The stock has remained flat on a monthly basis, but has rallied by over 10% in the last 3 months. It has been facing stiff resistance around the Rs 400 levels.














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