Indian Hotels shares hit fresh all-time high; m-cap tops ₹1 lakh cr
Indian Hotels shares surged 2.7% to hit a fresh record high of ₹774 on the BSE today after the company unveiled its growth plans.
Indian Hotels shares surged 2.7% to hit a fresh record high of ₹774 on the BSE today after the company unveiled its growth plans.
Snapping previous session losses, Indian Hotels shares gained as much as 5.6% to hit a new life-time high of ₹722 on the BSE.
Motilal Oswal sees an upside potential of 12% in IHCL and reiterates a ‘Buy’ rating on the stock post Q4, with a target price of ₹680.
After gaining nearly 40% in the last six sessions, Tata Chemicals declined 10.3% on Monday; Tata Motors, Tata Power, Tata Investment Corp fell up to 5%.
On Ram Janmabhoomi temple, Jefferies says potential beneficiaries in the hotels and hospitality sector are Indian Hotels Company Ltd, ITC Hotels, EIH Ltd, and Oyo Rooms.
Branded and boutique hospitality players look at spreading their wings amid rising room tariffs and occupancy rates.
N. Chandrasekaran has led the transformation of Tata companies and the group’s foray into new-age businesses, changing the way the conglomerate operates.
Though adopting sustainable practices has become mandatory for hospitality companies, it is an expensive proposition for the legacy brands.
Industry stakeholders have welcomed the move, which is touted to provide immediate relief to the struggling sector
Indian Hotels' Qmin, Meetha By Radisson are a few of the options for foodies seeking a gourmet food experience within the comfort of their home.