Around 13.22 lakh shares, or 0.33% equity, changed hands in a block deal at Rs 102.20 on NSE. The deal took place at 10:46 IST.Meanwhile, the BSE Sensex was down 211.42 points, or 2.28%, to 9079.59.On BSE, 2.44 lakh shares were traded in the counter. The scrip had an average daily volume of 1.87 lakh shares in the past one quarter.The stock hit a high of Rs 101.40 and a low of Rs 80.10 so far during the day.
The stock had a 52-week high of Rs 246.95 on 7 January 2008 and a 52-week low of Rs 74 on 7 November 2008.The stock is up 20.62% from a recent low of Rs 80.50 on 12 November 2008.
The stock had underperformed the market over the past one month till 17 November 2008, declining 19.56% as compared to the Sensex's 6.86% decline. It had, however, outperformed the market in the past one quarter, falling 34.39% as compared to the Sensex's fall of 36.90%.
The mid-cap hotel chain operator has an equity capital of Rs 78.59 crore. Face value per share is Rs 2.
The current price of Rs 97.10 discounts its Q2 September 2008 annualised EPS of Rs 3.19, by a PE multiple of 30.43.
EIH's net profit fell 26.8% to Rs 31.31 crore on a 8.5% rise in sales to Rs 234.22 crore in Q2 September 2008 over Q2 September 2007.
EIH owns and operates luxury hotels and resorts in India under the name 'Oberoi'. The company also manages a mid-price hotel chain in India, in addition to hotels in Egypt, Australia, Sri Lanka, Indonesia and Saudi Arabia.
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