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Indian Hotels shares drop 0.42% as Sensex rises

Updated at : 2024-02-06 13:30:02

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The stock quoted a 52-week high of Rs 518.85 and a 52-week low of Rs 298.2.

The total volume in DeFi is currently $4.15 billion, 9.67% of the total crypto market 24-hour volume. The volume of all stablecoins is now $39.65 billion, which is 92.29% of the total crypto market 24-hour volume, as per data available on CoinMarketCap.

SRF declines 2.13% as Sensex climbs

Updated at : 2024-02-06 12:20:02

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The stock traded at a P/E multiple of 45.52, while the price-to-book value ratio stood at 6.93.

The business levers are seeming pretty sound and unless there is an external black swan-like event or this whole Middle East thing, conflagration spins out of control or post election there is some issues, other than that I would say slight headwinds on cost particularly on certain types of metals but otherwise the cost scenario is looking pretty steady.

The Nifty Bank index was trading 0.47 per cent down at 45610.8.

The market watchdog, the China Securities Regulatory Commission, welcomed the announcement, saying that share prices at a "historically low level" highlight their medium and long-term investment value.

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As of 31-Dec-2023, promoters held 37.01 per cent stake in the company, while FIIs held 25.91 per cent and domestic institutional investors had 9.21 per cent.

​By and large we would like to believe that much of the banking space looks attractive, should do well, but within which there is a fair possibility that privates may nudge ahead of publics in the current fiscal year.

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A total of 19,416 shares changed hands on the counter till 12:02PM (IST)

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