Tata Group Stocks to Buy: The domestic stock market had a sluggish start on Wednesday (September 11). A slight rise was observed within a short time.
With the volatility of the market, there’s some movement in certain stocks that are on charts that show technical trends. The brokerage has recommended purchasing Indian Hotels Co Ltd (NSE: INDHOTEL) with a 2-3 day view.
The Indian stock market again started sluggishly on Wednesday amid sluggish signals from global markets. The Sensex was trading at a loss of about 100 points on Wednesday, while the Nifty saw a decline of about 20 points.
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Indian Hotels
The broker house selected Indian Hotels Co Ltd. There is a warning on position on the stock for the next 3 days.
The price goal is Rs 735. On the 10th of September, 2024 the stock was trading at 695 rupees. This way, the stock could be able to show upwards of 6% to 7 % in the future.
Indian Hotels: Stock Jumped 12% In 1 Month
Indian Hotels Co Ltd started flat on Wednesday in a sluggish market and the decline in the stock increased in a short time. The stock has increased by 12 % in just one month.
However, the stock has also provided the stock a gain of 21 % over six months, and around 20 % over 3 months. The return over one year for the stock has been greater than 60 %.
The 52-week high for this stock at BSE can be found at 696.75 rupees and the lowest is 371.45 rupees. The market capitalization for the firm is ₹ 97,470 Crore rupees.
Quick Fact
| Company name | Indian Hotels |
|---|---|
| View period | 2-3 days |
| Possible target price | ₹735 |
| Expected gain | 6% to 7% |
| The stock rise in 6 months | 12% |
| Stock rise in 3 months | 20% |
| Stock rise in 6 months | 21% |
| Stock rise in 1 year | More than 60% |
| Market capitalization | ₹ 97,470 Crore |
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A good article & information