EIHOTEL - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.4
| Stock Code | EIHOTEL | Market Cap | 20,220 Cr. | Current Price | 324 ₹ | High / Low | 435 ₹ |
| Stock P/E | 29.0 | Book Value | 68.6 ₹ | Dividend Yield | 0.46 % | ROCE | 21.9 % |
| ROE | 17.5 % | Face Value | 2.00 ₹ | DMA 50 | 332 ₹ | DMA 200 | 358 ₹ |
| Chg in FII Hold | 0.23 % | Chg in DII Hold | -0.04 % | PAT Qtr | 219 Cr. | PAT Prev Qtr | 97.6 Cr. |
| RSI | 49.3 | MACD | -3.47 | Volume | 2,74,839 | Avg Vol 1Wk | 3,34,114 |
| Low price | 300 ₹ | High price | 435 ₹ | PEG Ratio | 0.28 | Debt to equity | 0.04 |
| 52w Index | 17.4 % | Qtr Profit Var | -1.24 % | EPS | 10.7 ₹ | Industry PE | 28.4 |
📉 Chart & Trend: EIHOTEL is trading at ₹324, slightly below its 50 DMA (₹332) and 200 DMA (₹358). This indicates mild weakness but not a breakdown. The stock is in a consolidation phase with sideways bias.
📊 Momentum Indicators:
- RSI at 49.3 suggests neutral momentum, neither overbought nor oversold.
- MACD at -3.47 shows mild bearish crossover but not strongly negative.
- Bollinger Bands: Price is near the mid-band, indicating consolidation.
- Volume is below average, showing reduced participation.
📈 Support & Resistance:
- Immediate support: ₹300 (recent low).
- Resistance zones: ₹332 (50 DMA) and ₹358 (200 DMA).
- Optimal entry: ₹310–320 near support.
- Exit zone: ₹355–365 if momentum improves.
🔎 Trend Status: The stock is consolidating, awaiting breakout above 200 DMA for trend continuation.
Positive
- Strong ROCE (21.9%) and ROE (17.5%) indicate efficient capital use.
- Low debt-to-equity ratio (0.04) shows financial stability.
- PEG ratio of 0.28 suggests attractive valuation relative to growth.
Limitation
- Current price below both 50 DMA and 200 DMA signals technical weakness.
- Volume trend is declining, limiting breakout potential.
- Quarter profit variation (-1.24%) shows inconsistency in earnings momentum.
Company Negative News
- DII holding decreased by -0.04%, showing slight reduction in domestic institutional confidence.
Company Positive News
- FII holding increased by +0.23%, reflecting foreign investor interest.
- PAT improved to ₹219 Cr from ₹97.6 Cr in the previous quarter, showing strong operational performance.
Industry
- Hospitality sector is cyclical, influenced by tourism and economic growth.
- Industry PE at 28.4 is close to EIHOTEL’s PE (29.0), suggesting fair valuation compared to peers.
Conclusion
📌 EIHOTEL is consolidating near support levels with neutral momentum. Entry is favorable around ₹310–320 with stop-loss below ₹300. Short-term upside targets lie at ₹355–365 if volume and momentum improve. Fundamentally strong with efficient capital use, but technical breakout confirmation is needed for sustained trend.
Would you like me to extend this into a sector basket overlay comparing EIHOTEL with peers like Indian Hotels, Lemon Tree, and Chalet Hotels to highlight relative strength and compounding opportunities?