Indian Hotels Co Ltd Shows Resilience Amidst Recent Market Volatility

Jan 14 2025 03:20 PM IST
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Indian Hotels Co Ltd rebounded on January 14, 2025, after four days of decline, outperforming its sector. The stock reached an intraday high of Rs 778.95. While it is above the 100-day and 200-day moving averages, it remains below shorter-term averages, reflecting mixed trends.
Indian Hotels Co Ltd has shown a notable increase of 3.5% on January 14, 2025, reversing a trend of four consecutive days of decline. This uptick allowed the stock to outperform its sector by 1.14%, indicating relative strength in its performance. During the trading session, Indian Hotels reached an intraday high of Rs 778.95, marking a gain of 2.99% at that peak.

In terms of moving averages, the stock is currently above the 100-day and 200-day moving averages, suggesting a stronger long-term outlook. However, it remains below the 5-day, 20-day, and 50-day moving averages, indicating a mixed short-term trend.

Over the past month, Indian Hotels Co Ltd has experienced a decline of 8.75%, which is steeper than the 6.83% decrease observed in the broader Sensex index. This performance highlights the stock's recent volatility amidst broader market movements.
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