Oriental Hotels Ltd sees 7.06% increase in stock price, rated 'Sell' by MarketsMOJO

Oriental Hotels Ltd, a smallcap company in the hotel, resort, and restaurant industry, has seen a 7.06% increase in its stock price on September 10, 2024. This rise in stock price has been reflected in the stock call given by MarketsMOJO, which has rated the stock as 'Sell'.

The stock has been performing well in the market, hitting a new 52-week and all-time high of Rs.169 on the same day. It has also outperformed the sector by 4.83% and has been gaining for the last two days, with a return of 8.36% in this period. However, the stock opened with a loss of -2.74% today, showing some volatility in its performance.

The intraday high of Rs.169 and low of Rs.154.35 further highlight the stock's volatility, with an intraday volatility of 5.01%. Oriental Hotels is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its performance.

In comparison to the Sensex, Oriental Hotels has outperformed with a 1-day performance of 5.77% while the Sensex has shown a -0.07% performance. In the last month, the stock has seen a 23.78% increase in its performance, while the Sensex has shown a 2.26% increase.

Overall, Oriental Hotels has shown a strong performance in the market, with its stock price and returns on the rise. However, investors should keep an eye on its volatility and the 'Sell' rating given by MarketsMOJO before making any investment decisions.