Indian Hotels Company fell 2.03% to Rs 115.55 at 14:04 IST on BSE on profit booking after the stock rose 5.41% in the preceding two trading sessions to Rs 117.95 on 24 December 2015, from a recent low of Rs 111.90 on 22 December 2015.
Meanwhile, the BSE Sensex was up 153.42 points, or 0.59%, to 25,992.13.
On BSE, so far 6.02 lakh shares were traded in the counter, compared with an average volume of 2.28 lakh shares in the past one quarter.
The stock hit a high of Rs 120 and a low of Rs 114.10 so far during the day. The stock hit a 52-week high of Rs 126.95 on 5 February 2015. The stock hit a 52-week low of Rs 80.75 on 7 September 2015.
The stock had outperformed the market over the past one month till 24 December 2015, rising 28.56% compared with 0.24% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 31.27% as against Sensex's 0.10% decline.
The large-cap company has an equity capital of Rs 80.75 crore. Face value per share is Rs 1.
Indian Hotels Company reported a consolidated net loss of Rs 53.64 crore in Q2 September 2015 as compared to net loss of Rs 97.69 crore in Q2 September 2014. Total income rose 10.3% to Rs 1057.82 crore in Q2 September 2015 over Q2 September 2014.
Indian Hotels Company is primarily engaged in the business of owning, operating & managing hotels, palaces and resorts.
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