The Byke Hospitality Ltd
Share Price Target & Analysis
NSE:BYKE
VWAP
Open
Close
High
Low
52 Week High
-0.54 (-0.77%)
BYKE
(CONSUMER SERVICES)Turnaround Potential
52 Week Low
EPS
PE
PB
Economical
Quality
Diamond
Valuation
#Analysis
NSE: BYKE Share Price Financial Analysis & Valuation
The Byke Hospitality Ltd (BYKE) is broadly categorized in CONSUMER SERVICES segment industry which deals in Hotels vertical.
It is one of Micro Cap company with Market Capitalization of Rs 141 (in Cr). Total number of free float shares are 4 (in Lacs).
The Byke Hospitality Ltd is listed on NSE with Exchange ID - INE319B01014 and trading code is NSE:BYKE with short name The Byke Hosp.
In the past 1 year, The Byke Hospitality Ltd has declared an equity dividend of Rs 0 per share. At the current share price of BYKE at Rs 70.00, this results in a dividend yield of 0 %.
As per the Fundamental Analysis of NSE:BYKE, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine BYKE underlying value and future prospects. All of this data is available in BYKE financial statements.
Quality of the Stock: As per the fundamental analysis of NSE:BYKE, it is clearly understood that BYKE is Economical performer in terms of earnings and profit margins with an EPS of 1.15. NSE:BYKE book value per share as of today is 39.66. The current price to book ratio for BYKE as of Nov 23, 2024 is 1.77.
Valuation of the Stock: The current valuation of BYKE stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of BYKE whether to BUY this stock at current valuation. The delivery percentage of BYKE is 68.78% is very crucial parameter which shows that 68.78% investors are anticipating that the price of BYKE share should go up with VWAP at 70.72.
Now, the main question is whether to BUY or SELL, NSE:BYKE at current valuation.
As per latest Analysis No. #1581:-
⇑ STRONG BUY BYKE if All Greens
⇗ BUY BYKE (at Lower Levels) if any 2 Greens
⇒ NEUTRAL or HOLD BYKE (With Stop Loss) if only 1 Green
⇘ SELL BYKE if NO Green Indicator
NSE: BYKE Share Price Today (Nov 23, 2024)
(The Byke Hospitality Ltd Daily Analysis on the basis of BYKE Intraday Graph & Trend)
The Byke Hospitality Ltd share price moved Down by -0.77% from its previous close of Rs 70.54. BYKE stock last traded price is 70.00. BYKE share price trend is Down with a total of 11819 stocks traded till now. It has touched an intraday high of Rs 71.9 and an intraday low of Rs 69. The BYKE trading at 70.00, Down by Rs. -0.54, or -0.77 percent which suggests that most of the Traders are anticipating that the price of BYKE share should go Down.
NSE: BYKE Share Price Tomorrow Prediction
(The Byke Hospitality Ltd Share Price Prediction for Tomorrow & future forecast is based on Current Trend of BYKE)
The Byke Hospitality Ltd share price moved Down by -0.77%. BYKE share price short term trend is Down. It suggests that BYKE Share Price for Tomorrow remains the same with VWAP at 70.72 will be treated as stop loss for intraday traders. The Byke Hospitality Ltd Long term investors can follow the BYKE long term trend as mentiond in future forecast table.
NSE Code |
NSE: BYKE |
BYKE Share Price Today |
70.00 |
BYKE Share Price Target Prediction for 2024 ^ |
56.1 - 76.8 |
BYKE Share Price Target Prediction for 2025*^ |
76.8 - 97.5 |
BYKE Share Price Target Prediction for 2026*^ |
97.5 - 104.3 |
BYKE Share Price Target Prediction for 2027*^ |
110 |
BYKE Share Price Target Prediction for 2028*^ |
113 |
BYKE Share Price Target Prediction for 2030*^ |
123 |
BYKE Current Book Value 2023 |
39.5 |
*The Byke Hospitality Ltd Short Term & Long Term share price target is based on current financial year earings of the company.
^BYKE share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.
BYKE Technical Analysis
Candlestick Pattern: @70.31MA | Simple | Action S1 | Expo | Action E2 |
---|---|---|---|---|
MA_5 | 74.16 | SELL | 73.19 | SELL |
MA_12 | 73.82 | SELL | 73.02 | SELL |
MA_20 | 70.39 | SELL | 72.17 | SELL |
MA_32 | 70.07 | BUY | 71.5 | SELL |
MA_50 | 70.21 | BUY | 71.57 | SELL |
MA_100 | 73.22 | SELL | 72 | SELL |
MA_200 | 71.89 | SELL | 69.46 | BUY |
Trend Oscillators | Value | Action |
---|---|---|
Bollinger Bands | 70.39 | Downtrend |
MACD | 0.09 | BUY |
ADX | 22.1 | NO or Weak Trend |
DMI (+/-) | 18.73 / 22.39 | Downtrend |
Momentum Oscillators | Value | Action |
---|---|---|
RSI | 46.75 | Neutral |
STOCHASTIC_K (Fast) | 9.38 | Oversold |
STOCHASTIC_D (Slow) | 8.83 | Oversold |
CCI | -23.38 | Neutral |
PSAR | 68.36 | BUY |
TRUE RANGE | 6.15 | Neutral |
ATR | 4.12 | Neutral |
WILLIAMS R | -48 | Neutral |
TRIX | 0 | Neutral |
STOCHASTIC RSI K | 0 | Oversold |
STOCHASTIC RSI D | 0 | Oversold |
MOMENTUM | -0.24 | SELL |
Duration | Value |
---|---|
1 Year | 35.21% |
3 Months | -5.13% |
1 Month | -0.34% |
1 Week | -8.98% |
Action | Overall (%) |
---|---|
BUY | 17% |
NEUTRAL / HOLD | 23% |
SELL | 60% |
Most popular Questions & Answers about BYKE
The Byke Hospitality Ltd stock last traded price is 70.00. BYKE share price moved Down by -0.77% from its previous close of Rs 70.54.
The Byke Hospitality Ltd share price trend is Down with a total of 11819 stocks traded till now. It has touched an intraday high of Rs 92.011 and an intraday low of Rs 69. The BYKE trading at 70.00, Down by Rs. -0.54, or -0.77 percent which suggests that most of the Traders are anticipating that the price of BYKE share should go Down and the Stop Loss will be around 70.72.
The market cap of The Byke Hospitality Ltd is ₹141 (in Cr) as of Nov 22, 2024.
The current price to earning ratio for The Byke Hospitality Ltd as of Nov 22, 2024 is 76.24.
The current price to book ratio for The Byke Hospitality Ltd as of Nov 22, 2024 is 1.77.
The highest price of The Byke Hospitality Ltd stock is ₹91.1 in the last 52-week.
The lowest price of The Byke Hospitality Ltd stock is ₹53.5 in the last 52-week.
The Byke Hospitality Ltd share trading at ₹70.00, Down by Rs. -0.54, or -0.77 percent which suggests that most of the traders are anticipating that the price of BYKE share should go Down.
In 2023, Stock price target for The Byke Hospitality Ltd (BYKE) are ₹56.1 on downside and ₹76.8 on upside. The Byke Hospitality Ltd share price target is based on current financial year earings of the company.
In 2024, Stock price target for The Byke Hospitality Ltd (BYKE) are ₹76.8 on downside and ₹97.5 on upside. The Byke Hospitality Ltd share price target is based on forecasted future earnings of the company.
In 2025, Stock price target for The Byke Hospitality Ltd (BYKE) are ₹97.5 on downside and ₹104.3 on upside. The Byke Hospitality Ltd share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.
In next five years, Stock price target for The Byke Hospitality Ltd (BYKE) will be around ₹113 The Byke Hospitality Ltd share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of BYKE.
The price of The Byke Hospitality Ltd (BYKE) shares moved by -0.77%. The short-term trend for BYKE share price is Down. It implies that the share price of BYKE will stay the same tomorrow and that intraday traders should treat VWAP at 70.72 as a stop loss. Investors with a long-term outlook can track BYKE long-term trajectory, which is indicated in the future forecast table.
Estimated DCF Value of BYKE stock is 13.8. Compared to the current market price of 70.00 INR, the BYKE stock is Overvalued by 80.3%.
As per the fundamental analysis of The Byke Hospitality Ltd (BYKE), it is of Economical quality in terms of earnings and profit margins with an EPS of 1.15. The Byke Hospitality Ltd book value per share as of today is 39.66. The current price to book ratio for BYKE as of Nov 23, 2024 is 1.77.
NSE:BYKE News & Other Useful Information about BYKE Share Price
Peer Comparison of NSE: BYKE
The Peers list includes companies operating in the same industry and having comparable market cap.
Sector: Hotels
Company | Price | EPS | BV |
---|---|---|---|
INDHOTEL | 799.05 | 8.52 | 71.26 |
EIHOTEL | 366.80 | 8.72 | 57.06 |
CHALET | 842.10 | 4.18 | 85.7 |
MHRIL | 351.10 | 9.59 | 46.87 |
ITDC | 579.35 | 8.28 | 49.57 |
EIHAHOTELS | 383.60 | 13.19 | 75.95 |
ORIENTHOT | 187.80 | 2.55 | 21.68 |
TAJGVK | 330.60 | 13.14 | 86.5 |
HLVLTD | 16.95 | 0.38 | 6.73 |
SPECIALITY | 152.41 | 5.14 | 64.29 |