ITCHOTELS - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.7
| Stock Code | ITCHOTELS | Market Cap | 33,446 Cr. | Current Price | 161 ₹ | High / Low | 262 ₹ |
| Stock P/E | 39.3 | Book Value | 54.6 ₹ | Dividend Yield | 0.00 % | ROCE | 9.74 % |
| ROE | 7.04 % | Face Value | 1.00 ₹ | DMA 50 | 163 ₹ | DMA 200 | 186 ₹ |
| Chg in FII Hold | -1.52 % | Chg in DII Hold | 0.33 % | PAT Qtr | 286 Cr. | PAT Prev Qtr | 152 Cr. |
| RSI | 52.6 | MACD | 0.68 | Volume | 59,72,996 | Avg Vol 1Wk | 36,84,436 |
| Low price | 137 ₹ | High price | 262 ₹ | Debt to equity | 0.01 | 52w Index | 18.7 % |
| Qtr Profit Var | 25.4 % | EPS | 3.90 ₹ | Industry PE | 28.8 |
📉 ITC Hotels is trading near its 50 DMA (₹163) but below the 200 DMA (₹186), showing short-term support but medium-term weakness. RSI at 52.6 indicates neutral momentum, while MACD at 0.68 suggests mild bullish crossover. Bollinger Bands show price moving toward the mid-range, reflecting consolidation. Current volume (59.7 lakh) is significantly above average (36.8 lakh), indicating strong participation.
🔑 Short-term momentum signals: Mild bullish bias, but sustainability depends on holding above ₹163 and breaking ₹170.
🎯 Entry Zone: ₹158–₹162 (support region)
🚪 Exit Zone: ₹172–₹178 (resistance region)
📊 Trend Status: Consolidating with slight bullish tilt
Positive
- Quarterly PAT growth (+25.4%) shows earnings momentum
- Debt-to-equity ratio at 0.01 indicates virtually debt-free balance sheet
- EPS at ₹3.90 supports valuation
- DII holdings increased (+0.33%), reflecting domestic institutional confidence
Limitation
- P/E (39.3) higher than industry average (28.8)
- ROCE (9.74%) and ROE (7.04%) remain modest
- Price trading below 200 DMA signals medium-term weakness
- Dividend yield at 0% offers no income cushion
Company Negative News
- FII holdings decreased (-1.52%), showing reduced foreign investor interest
- Valuation premium compared to peers
Company Positive News
- Quarterly PAT improved from ₹152 Cr. to ₹286 Cr.
- DII holdings increased (+0.33%)
- Strong 52-week return of 18.7%
Industry
- Industry PE at 28.8 highlights sector trading at lower multiples
- Hospitality sector benefiting from rising travel demand and premium hotel occupancy
Conclusion
⚖️ ITC Hotels shows neutral-to-mild bullish technical signals with RSI above 50 and positive MACD, but faces resistance near 200 DMA. Entry near ₹158–₹162 offers favorable risk-reward, with profit booking around ₹172–₹178. Trend remains consolidative with bullish tilt, requiring sustained breakout above ₹170–₹175 for stronger upside momentum.
Would you like me to extend this into a sector overlay comparing ITC Hotels with peers like Chalet Hotels, Lemon Tree, and EIH to highlight relative strength and valuation positioning?