EIH Associated Hotels Outperforms Sector and Sensex with 7.63% Gain on November 1st, 2024

EIH Associated Hotels, a smallcap company in the hotel, resort, and restaurant industry, saw a positive performance on November 1st, 2024. The stock gained 7.63%, outperforming the sector by 6.52%.

According to MarketsMOJO, a leading stock analysis and recommendation platform, the current call for EIH Associated Hotels is 'Hold'.

The stock opened with a gain of 3.11% and reached an intraday high of Rs 398.4, showing a high level of volatility with an intraday range of 7.7%. This was calculated from the weighted average price.

In terms of moving averages, EIH Associated Hotels is currently higher than its 5-day, 20-day, and 200-day moving averages. However, it is lower than its 50-day and 100-day moving averages.

In comparison to the Sensex performance, EIH Associated Hotels had a positive 1-day performance of 7.63%, while the Sensex had a negative performance of -0.32%. Over the past month, EIH Associated Hotels had a slight decline of -0.09%, while the Sensex had a larger decline of -5.44%.

Overall, EIH Associated Hotels has shown a strong performance in the market, outperforming its sector and the Sensex. However, investors should keep an eye on the stock's volatility and consider the current 'Hold' recommendation by MarketsMOJO before making any investment decisions.