EIHOTEL - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.8
| Stock Code | EIHOTEL | Market Cap | 19,946 Cr. | Current Price | 319 ₹ | High / Low | 435 ₹ |
| Stock P/E | 28.6 | Book Value | 68.6 ₹ | Dividend Yield | 0.47 % | ROCE | 21.9 % |
| ROE | 17.5 % | Face Value | 2.00 ₹ | DMA 50 | 321 ₹ | DMA 200 | 347 ₹ |
| Chg in FII Hold | 0.46 % | Chg in DII Hold | -0.25 % | PAT Qtr | 219 Cr. | PAT Prev Qtr | 97.6 Cr. |
| RSI | 50.0 | MACD | 4.13 | Volume | 1,38,871 | Avg Vol 1Wk | 1,68,671 |
| Low price | 271 ₹ | High price | 435 ₹ | PEG Ratio | 0.27 | Debt to equity | 0.04 |
| 52w Index | 29.2 % | Qtr Profit Var | -1.24 % | EPS | 10.7 ₹ | Industry PE | 28.8 |
📈 Chart Patterns: Price is consolidating near the 50 DMA (321 ₹) and below the 200 DMA (347 ₹). No breakout signals; sideways movement dominates.
📊 Moving Averages: Current price (319 ₹) is slightly below both 50 DMA and 200 DMA, indicating weak momentum and lack of trend strength.
📉 RSI: Neutral at 50.0, showing indecision and absence of strong momentum.
📊 MACD: Positive at 4.13, suggesting mild bullish crossover but not strong enough to confirm a trend reversal.
📉 Bollinger Bands: Price near mid-band, indicating consolidation with low volatility expansion.
📊 Volume Trends: Current volume (1.38L) is slightly below 1-week average (1.68L), showing reduced participation and lack of breakout strength.
🎯 Momentum Signals: Neutral to mildly bullish. MACD supports short-term upside, but RSI and moving averages remain weak.
💹 Entry Zone: 310–315 ₹ (support levels).
💹 Exit Zone: 340–350 ₹ (resistance levels).
📌 Trend Status: Consolidating with mild bullish bias.
Positive
- Strong ROCE (21.9%) and ROE (17.5%) indicate efficient capital usage.
- MACD positive crossover supports short-term bullishness.
- Low debt-to-equity ratio (0.04) ensures financial stability.
Limitation
- Price below both 50 DMA and 200 DMA, showing weak technical strength.
- Volume below average, limiting momentum confirmation.
- Quarterly profit variation (-1.24%) indicates inconsistency.
Company Negative News
- Quarterly profit variation shows slight decline despite higher PAT.
- DII holdings reduced (-0.25%).
Company Positive News
- Quarterly PAT improved to 219 Cr. from 97.6 Cr.
- FII holdings increased (+0.46%), showing foreign investor confidence.
- Dividend yield at 0.47% provides shareholder returns.
Industry
- Hospitality sector showing recovery with industry PE at 28.8, aligned with company PE (28.6).
- Tourism and travel demand expected to support growth in the sector.
Conclusion
⚖️ EIHOTEL is consolidating with mild bullish signals from MACD and strong fundamentals (ROCE, ROE, low debt). However, weak technicals (price below DMAs, neutral RSI, low volume) limit immediate upside. Suitable for short-term trades within entry (310–315 ₹) and exit (340–350 ₹) zones, while long-term investors may hold for sector-driven recovery.