Buy Hotel Leela Venture

Hotel Leela Stock analyst Rajat K Bose has suggested a ‘buy’ for Hotel Leela to achieve a intraday target between Rs 76-79, in today’s trading session.

Today, the stock has gained 3.57 percent up till now.

The company has a good business model, and it may soon come out with robust results. It is a brilliant stock, which has seen a 52 week high of Rs 80.70 and a low of Rs 37.50. At current market price of Rs 74, the stock is trading with a P/E of 18.17. The EPS stood at Rs 22.50.

Interested day traders can purchase the stock around Rs 70 with a stop loss below Rs 69.

As per profit and loss account, company has registered a net profit of Rs 126.43 crore for year ended March 2007 and Rs 40.12 crore for quarter ending September 2007.

EIH, Indian Hotels and Jaypee Hotels are some stocks from the same sector, which looks brilliant for intraday trading today.

Analyst Views: