Samhi Hotels Achieves 52-Week High Amid Broader Market Fluctuations

Samhi Hotels has made headlines today as its stock price reached a new 52-week high of Rs. 240.65. This milestone reflects the company's strong performance in the Hotels & Resorts sector, particularly as it has outperformed the broader market over the past year, boasting a 24.66% increase compared to the Sensex's 4.45%.
Despite this achievement, the stock has underperformed its sector by 1.41% today, indicating a slight pullback after three consecutive days of gains. Currently, Samhi Hotels is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a generally positive trend in its price movement.

In the broader market context, the Sensex opened positively but has since dipped by 191.89 points, currently trading at 83,466.31. The index remains close to its 52-week high, just 3.01% away, while small-cap stocks are leading the market with a gain of 0.37%. The 52-week low for Samhi Hotels stands at Rs. 120.35, highlighting the significant growth it has experienced over the past year.