Samhi Hotels Achieves 52-Week High Amid Broader Market Decline

Samhi Hotels has made headlines today as its stock price reached a new 52-week high of Rs. 248.35, marking a significant milestone for the midcap player in the Hotels & Resorts industry. This achievement comes amid a broader market context where the Sensex has experienced a decline, falling by 422.45 points to 81,771.17, reflecting a negative sentiment after a flat opening.
In terms of performance, Samhi Hotels has shown resilience, gaining 2.24% over the last two days, and is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, the stock has delivered an impressive return of 37.78%, significantly outperforming the Sensex, which has only seen a modest increase of 0.53% during the same period.

The stock's 52-week low stands at Rs. 120.35, highlighting the substantial growth it has achieved in the past year. As the market continues to fluctuate, Samhi Hotels remains a noteworthy player in the hospitality sector, reflecting strong underlying trends in its performance metrics.