Bullish signal in EIH Associated Hotel.
It is a Joint-Venture between the Oberoi Family and the Rajan Raheja Group
PE : 33.7 (lower than industry PE)
ROE and ROCE is better than 3 year averages.
Piotroski score is indicates its healthy.
Q1 25 was not good as expected , though the overall hotel bookings were good numbered as per the data, almost hospitality sector is bullish for short term I am expecting.
Trade with strict stop loss is always better to safe guard our capital and with affordable position sizing.
(this is my view only, posting only for educational purpose)
PE : 33.7 (lower than industry PE)
ROE and ROCE is better than 3 year averages.
Piotroski score is indicates its healthy.
Q1 25 was not good as expected , though the overall hotel bookings were good numbered as per the data, almost hospitality sector is bullish for short term I am expecting.
Trade with strict stop loss is always better to safe guard our capital and with affordable position sizing.
(this is my view only, posting only for educational purpose)
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