Indian Hotels Share Price: Share price of Indian Hotels as Sensex gains 462.54 points
The share price of Indian Hotels Company Ltd. 1.07 per cent to Rs 674.80 at 11:05AM (IST) in Wednesday’s trade. The scrip has hit a high of Rs 680.45 and low of Rs 670.40 so far during the session. The stock had closed at Rs 667.65 in the previous session.
The counter has had a total traded volume of 18605 shares so far with a value of Rs 1.25 crore on the NSE. It traded at a price-to-earnings multiple of 74.73 and a price-to-book ratio of 8.90.
A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth…
