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Monday, August 22, 2016

Taj GVK Share Price Ralling Down

Taj GVKOn 22nd August saw Taj GVK share price went down 7.77% and opened with a decline of 9 points at Rs.146 as compared to its previous closing at Rs.146.10. The stock touched the days high and low at Rs. 146 and Rs. 130.40. Approximately 2.5 lakh shares exchanged hands with a traded value of Rs.363 lakhs, as per NSE. The stock saw a spurt in volume by more than 1.33 times.
TAJGVK Hotels & Resorts Limited (TAJGVK) is a joint venture, incorporated through a Strategic Alliance, between the Indian Hotels Company Limited (IHCL) and GVK Group in the year 1999/00. GVK Group is a Hyderabad based multi product and multi-location business conglomerate with several integrated companies in India and abroad. As of now Taj GVK share price is trading at Rs. 134.75.
The lower price band of the share is Rs. 116.90 and the upper price band is Rs. 175.30. The 52 week high of Taj GVK share price is observed at 148.80 on 21st July ‘16 while the 52 week low is seen at Rs. 62.05 on 2nd Sep ‘15. The Average Daily Movement of the stock is 6.90 and its average volume for last 20 days is 131871. The stock yields 13.16% monthly returns and has the PE ratio of 85.71. The market cap of the company amounts to Rs. 916.07 (Cr) and has a book value of Rs. 56.12.
In order to acquire further details on the support and resistance refer to Taj GVK share price forecast.

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