EIH Ltd.

NSE: EIHOTEL | BSE: 500840 | ISIN: INE230A01023 | Industry: Hotels
| Mid-range Performer
382.5500 9.55 (2.56%)
NSE Apr 21, 2025 15:26 PM
Volume: 286.9K
 

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EIH Ltd.
25 Mar 2020
382.55
2.56%
ICICI Securities Limited
The ongoing coronavirus outbreak has had a severe impact on the hotel bookings in India from Feb-20 onwards with massive forward booking cancellations across cities. This in turn has eroded the ability of hotels across India with heavy loss of business during this peak season time. The extent of this lost business has primarily been seen across all major tourist and business destinations and we expect the situations to remain severely weak with individuals cancelling or deferring their travel plans and thousands of companies adopting the work from home' and no travel' policies. This...
EIH Ltd. is trading below its 200 day SMA of 383.6
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