ITCHOTELS - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.6
| Stock Code | ITCHOTELS | Market Cap | 32,578 Cr. | Current Price | 156 ₹ | High / Low | 262 ₹ |
| Stock P/E | 37.6 | Book Value | 57.1 ₹ | Dividend Yield | 0.64 % | ROCE | 10.1 % |
| ROE | 7.56 % | Face Value | 1.00 ₹ | DMA 50 | 160 ₹ | DMA 200 | 182 ₹ |
| Chg in FII Hold | -1.52 % | Chg in DII Hold | 0.33 % | PAT Qtr | 280 Cr. | PAT Prev Qtr | 286 Cr. |
| RSI | 48.5 | MACD | -1.18 | Volume | 39,75,536 | Avg Vol 1Wk | 25,80,493 |
| Low price | 137 ₹ | High price | 262 ₹ | Debt to equity | 0.01 | 52w Index | 15.4 % |
| Qtr Profit Var | 6.21 % | EPS | 3.98 ₹ | Industry PE | 28.4 |
📉 ITCHOTELS is trading below both its 50 DMA (₹160) and 200 DMA (₹182), reflecting technical weakness. RSI at 48.5 indicates neutral-to-bearish momentum, while MACD is negative (-1.18), confirming bearish crossover. Bollinger Bands show price leaning toward the lower band, suggesting oversold conditions. Current volume (39.7 lakh) is above average (25.8 lakh), showing heightened participation but without clear breakout strength.
🔑 Short-term momentum signals: Weak, with limited upside unless price reclaims ₹160–₹165 zone.
🎯 Entry Zone: ₹150–₹155 (support region)
🚪 Exit Zone: ₹175–₹185 (resistance region)
📊 Trend Status: Consolidating with bearish bias
Positive
- Debt-to-equity ratio at 0.01 highlights strong balance sheet
- Dividend yield of 0.64% provides income cushion
- Quarterly PAT stable at ₹280 Cr. despite sector challenges
- DII holdings increased (+0.33%), showing domestic institutional support
- Book value at ₹57.1 supports valuation floor
Limitation
- Trading below both 50 DMA and 200 DMA
- RSI below 50 indicates weak momentum
- Negative MACD confirms bearish crossover
- P/E (37.6) higher than industry average (28.4)
- EPS at ₹3.98 remains modest
Company Negative News
- FII holding decreased (-1.52%), showing reduced foreign investor confidence
- Quarterly profit variation (+6.21%) remains muted
Company Positive News
- DII holding increased (+0.33%), signaling domestic support
- PAT maintained near ₹280 Cr., showing operational stability
- Debt-free structure supports financial resilience
Industry
- Industry PE at 28.4 highlights sector trading at lower multiples
- Hospitality sector facing cyclical demand recovery and cost pressures
Conclusion
⚖️ ITCHOTELS shows weak technical momentum with RSI below 50 and negative MACD. Entry is favorable near ₹150–₹155 with profit booking around ₹175–₹185. Trend remains consolidative with bearish bias unless price sustains above 50 DMA (₹160) and 200 DMA (₹182). Fundamentals remain stable with debt-free balance sheet, but valuation is stretched relative to industry peers.
Would you like me to extend this into a hospitality sector overlay comparing ITCHOTELS against peers like Indian Hotels, Chalet Hotels, and Lemon Tree to highlight relative valuation and technical positioning?