Sukhani told CNBC-TV18, "Even at current levels, there are trading opportunities here. On the long side, you can buy Indian Hotels and certainly as an investor you want to look at Indian Hotels at Rs 101 or Rs 102. So either ways it is a buy."
Indian Hotels Company touched an intraday high of Rs 102 and an intraday low of Rs 98.25. At 13:22 hrs the share was quoting at Rs 101.80, up Rs 3.30, or 3.35% with volumes of 1,146,015 shares. Yesterday the share closed down 0.20% or Rs 0.20 at Rs 98.50.
The company touched its 52 week high Rs 109.50 and 52 week low Rs 35.35 on 15 Jan, 2010 and 17 Mar, 2009, respectively. Currently, it is trading -7.03% below its 52-week high and 187.98% above its 52-week low. Market capitalisation stands at Rs 7,364.95 crore.
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