Indian Hotels Co Faces Sector Challenges Amidst Broader Market Decline

Indian Hotels Co has seen a decline of 3.16% on January 21, 2025, amidst a challenging environment in the Hotel, Resort & Restaurants sector, which is down 2.32%. The stock has underperformed the sector by 1.45% and has experienced consecutive losses over the past two days, totaling a drop of 5.68%.
On this day, Indian Hotels Co reached an intraday low of Rs 767.6, reflecting a decrease of 3.22%. Over the last month, the stock has declined by 9.96%, although it remains above its 100-day and 200-day moving averages, suggesting some resilience in the longer term despite recent volatility. In contrast, the broader market, as indicated by the Sensex, has decreased by 0.90% on the same day and 2.13% over the past month. Indian Hotels Co continues to hold a significant position in the large-cap segment of the hospitality industry as it navigates these market challenges.