|
30 Sep 2025 |
Indian Hotels Company
|
Consensus Share Price Target
|
724.30 |
861.39 |
- |
18.93 |
buy
|
|
|
|
|
30 Oct 2023
|
Indian Hotels Company
|
Axis Direct
|
724.30
|
415.00
|
382.10
(89.56%)
|
Target met |
Buy
|
|
|
In H1FY24, standalone occupancies and realizations reached to 75.3% and Rs 13,000 respectively. Improvement from here on seems to be limited now.
|
|
29 Oct 2023
|
Indian Hotels Company
|
ICICI Securities Limited
|
724.30
|
458.00
|
374.55
(93.38%)
|
Target met |
Buy
|
|
|
Indian Hotels Co. Ltd.’s (IHCL) Q2FY24 consolidated revenue of INR14.3bn was marginally lower than I-sec estimate of INR14.4bn as Q2FY24 enterprise RevPAR grew 16% YoY but international hotels saw weak demand. According to the company, demand drivers remain intact heading into H2FY24 as weddings, MICE and recovery in international tourist arrivals would continue to drive demand.
|
|
28 Oct 2023
|
Indian Hotels Company
|
Motilal Oswal
|
724.30
|
480.00
|
374.55
(93.38%)
|
Target met |
Buy
|
|
|
|
|
27 Oct 2023
|
Indian Hotels Company
|
Sharekhan
|
724.30
|
492.00
|
382.10
(89.56%)
|
Target met |
Buy
|
|
|
|
|
25 Oct 2023
|
Indian Hotels Company
|
IDBI Capital
|
724.30
|
450.00
|
389.55
(85.93%)
|
Target met |
Buy
|
|
|
|
|
04 Oct 2023
|
Indian Hotels Company
|
Sharekhan
|
724.30
|
492.00
|
417.50
(73.49%)
|
Target met |
Buy
|
|
|
|
|
25 Aug 2023
|
Indian Hotels Company
|
IDBI Capital
|
724.30
|
450.00
|
392.00
(84.77%)
|
Target met |
Buy
|
|
|
|
|
21 Aug 2023
|
Indian Hotels Company
|
Keynotes Financial Opiniery
|
724.30
|
558.00
|
379.40
(90.91%)
|
Target met |
Buy
|
|
|
FY 2022-23 continued to be a year of strong recovery in the Indian travel and tourism industry. Restrictions on flights were relaxed in most countries into and from India. Travel restrictions, documentation and certifications were also progressively relaxed for travel within India.
|
|
08 Aug 2023
|
Indian Hotels Company
|
Geojit BNP Paribas
|
724.30
|
431.00
|
388.65
(86.36%)
|
Target met |
Accumulate
|
|
|
|
|
28 Jul 2023
|
Indian Hotels Company
|
Axis Direct
|
724.30
|
450.00
|
391.65
(84.94%)
|
Target met |
Buy
|
|
|
Recommendation: we have BUY on the stock
|