EIHOTEL - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.3
| Stock Code | EIHOTEL | Market Cap | 19,633 Cr. | Current Price | 314 ₹ | High / Low | 435 ₹ |
| Stock P/E | 31.3 | Book Value | 75.0 ₹ | Dividend Yield | 0.48 % | ROCE | 20.2 % |
| ROE | 14.1 % | Face Value | 2.00 ₹ | DMA 50 | 322 ₹ | DMA 200 | 343 ₹ |
| Chg in FII Hold | 0.46 % | Chg in DII Hold | -0.25 % | PAT Qtr | 200 Cr. | PAT Prev Qtr | 219 Cr. |
| RSI | 42.6 | MACD | -0.70 | Volume | 1,39,568 | Avg Vol 1Wk | 1,12,743 |
| Low price | 271 ₹ | High price | 435 ₹ | PEG Ratio | 1.48 | Debt to equity | 0.03 |
| 52w Index | 25.9 % | Qtr Profit Var | -19.0 % | EPS | 8.61 ₹ | Industry PE | 28.4 |
Chart & Trend Analysis:
EIHOTEL is trading at ₹314, below its 50 DMA (₹322) and 200 DMA (₹343), showing medium-term weakness. RSI at 42.6 indicates neutral momentum, while MACD at -0.70 reflects mild bearish crossover. Bollinger Bands suggest price is near the lower band, hinting at consolidation. Current volume (1.39L) is above the weekly average (1.12L), showing active participation despite weakness.
Momentum Signals:
- RSI near 40 suggests limited downside with potential stabilization.
- MACD negative but flattening, indicating possible reversal.
- Resistance zones: ₹322–325 (50 DMA), ₹343–350 (200 DMA).
- Support zones: ₹310–314 immediate, deeper support at ₹300.
- Trend status: Consolidating with mild bearish bias; reversal possible if price sustains above ₹322.
Entry Zone: ₹310–314 (accumulation zone)
Exit Zone: ₹340–350 (resistance zone)
Stop-Loss: Below ₹300
Positive
- Strong ROCE (20.2%) and ROE (14.1%) indicate efficient capital use.
- Low debt-to-equity ratio (0.03) reflects financial stability.
- PEG ratio at 1.48 suggests reasonable valuation relative to growth.
- FII holdings increased (+0.46%), showing foreign investor confidence.
Limitation
- Current price below both 50 DMA and 200 DMA, showing technical weakness.
- Quarterly PAT declined (₹200 Cr vs ₹219 Cr), indicating slowing momentum.
- Dividend yield modest at 0.48%.
Company Negative News
- DII holdings decreased (-0.25%), showing reduced domestic institutional confidence.
- Quarterly profit variation (-19%) highlights earnings volatility.
Company Positive News
- Strong profitability metrics despite recent earnings dip.
- FII inflows reflect continued global investor interest.
Industry
- Hospitality sector is recovering steadily with rising demand post-pandemic.
- Industry PE at 28.4 is close to company’s PE (31.3), suggesting fair valuation.
Conclusion
EIHOTEL is consolidating near support levels with mild bearish bias. Strong fundamentals and low debt provide resilience, but technical weakness persists below moving averages. Entry near ₹310–314 offers a risk-managed setup with exit potential around ₹340–350. Sustaining above ₹322 will confirm reversal momentum.
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