Chalet Hotels Faces Notable Stock Decline Amid Broader Market Challenges

Chalet Hotels has experienced a significant decline today, with shares dropping by 5.96% as of April 4, 2025. This performance marks a notable underperformance compared to the broader hotel, resort, and restaurant sector, which has seen a decrease of 3.47%. The stock's recent trend reversal follows three consecutive days of gains, indicating a shift in momentum.
Intraday, Chalet Hotels reached a low of Rs 821.9. While the stock remains above its 20-day and 50-day moving averages, it is currently trading below its 5-day, 100-day, and 200-day moving averages, suggesting mixed signals in its short to medium-term performance.

In the broader market context, the Sensex has also faced challenges, falling sharply by 814.78 points to 75,345.31, reflecting a bearish trend as it trades below its 50-day moving average. Over the past month, Chalet Hotels has shown resilience with an 11.23% increase, contrasting with the Sensex's 3.23% gain. However, its year-to-date performance remains negative at -15.72%, compared to the Sensex's decline of 3.58%.