Current price is more than the intrinsic value

Intrinsic value

Stock has not been able to generate better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Shares of EIH were also over 6 per cent at Rs 171.30. Likewise, Thomas Cook (India) traded 3.57 per cent higher at Rs 74 at around the same time. Some of the other tourism-related stocks including Lords Ishwar Hotels, Viceroy Hotels and Lemon Tree also gained over 3 per cent in the morning trade.

Budget 2023: Tourism stocks soar as FM announces promotion of tourism to be taken up in mission mode

ICICI Direct is bullish on EIH recommended buy rating on the stock with a target price of Rs 240 in its research report dated November 04, 2022.

Buy EIH; target of Rs 240: ICICI Direct

EIH Standalone September 2022 Net Sales at Rs 355.69 crore, up 76.43% Y-o-Y

EIH reports consolidated net profit of Rs 24.55 crore in the September 2022 quarter

The company reported a loss of Rs 34.22 crore in the corresponding year-ago period.

EIH back in black with Rs 26.4 crore profit in September quarter

Stocks to watch: Tata Motors, HFCL, Adani Wilmar, Patanjali, Chambal Fertilisers, Gulshan Polyols, Veranda Learning, Adani Transmission, Dalmia Bharat, EIH, M&M Financial, Mahindra Holidays and P&G Hygiene

Stocks that will see action on November 02, 2022

Adani Transmission, P&GHH, Dalmia Bharat, M&M Finance, Relaxo Footwears, Grindwell Norton, Kajaria Ceramics, EIH, Redington India, Triveni Turbine and KSB are among the companies that will announce their results for September 2022 quarter today.

Stocks in the news: TechM, Adani Transmission, Infy, Axis Bank, PNB and Adani Ports

V I P Industries Ltd, Suven Pharmaceuticals Ltd, EIH Ltd and Sun Pharma Advanced Research Company Ltd are among the other losers in the BSE’s ‘A’ group today, 04 October 2022.

Ahluwalia Contracts (India) Ltd leads losers in ‘A’ group

EIH rose 4.3 percent to Rs 196.2 and formed bullish candle on the daily charts with above average volumes. It has seen a breakout of small down ward sloping resistance trend line adjoining September 7 and September 20, while it has respected the support trend line formed in last couple of weeks.

Trade Spotlight | What should you do with RHI Magnesita, EIH, Radico Khaitan on Thursday?

Leaner operating costs, increase in occupancy levels and average room rate reflect the strong uptick in the stock prices of Indian Hotels Company, EIH Ltd and Lemon Tree Hotels

Hotel stocks surge over 50% as industry checks in to growth phase with strong fundamentals

Stocks that were in focus include Adani Enterprises which rose nearly 4 per cent, EIH which rallied nearly 18 per cent, and Bharat Electronics which hit a fresh 52-week high. Here’s what Santosh Meena, Head of Research, Swastika Investmart, recommends investors should do with these stocks when the m…

Big Movers on D-St: What should investors do with Adani Enterprises, EIH and BEL?

EIH Limited is engaged in hospitality and related services. The Company operates luxury hotels under the brand name Oberoi and five-star hotels under the brand Trident.

EIH Ltd

EIH Ltd

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Budget 2023: Tourism stocks soar as FM announces promotion of tourism to be taken up in mission mode

Buy EIH; target of Rs 240: ICICI Direct

EIH Standalone September 2022 Net Sales at Rs 355.69 crore, up 76.43% Y-o-Y

EIH reports consolidated net profit of Rs 24.55 crore in the September 2022 quarter

EIH back in black with Rs 26.4 crore profit in September quarter

Stocks that will see action on November 02, 2022

Stocks in the news: TechM, Adani Transmission, Infy, Axis Bank, PNB and Adani Ports

Ahluwalia Contracts (India) Ltd leads losers in ‘A’ group

EIH Ltd

Intrinsic valueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry pointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Budget 2023: Tourism stocks soar as FM announces promotion of tourism to be taken up in mission mode

Buy EIH; target of Rs 240: ICICI Direct

EIH Standalone September 2022 Net Sales at Rs 355.69 crore, up 76.43% Y-o-Y

EIH reports consolidated net profit of Rs 24.55 crore in the September 2022 quarter

EIH back in black with Rs 26.4 crore profit in September quarter

Stocks that will see action on November 02, 2022

Stocks in the news: TechM, Adani Transmission, Infy, Axis Bank, PNB and Adani Ports

Ahluwalia Contracts (India) Ltd leads losers in ‘A’ group

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock