22-Oct-2026 08:05:25
INDHOTELGeneral news
JEFFERIES ON INDIAN HOTELS ; BUY | TP RAISED TO ₹900 FROM ₹875
• Standout quarter driven by strong RevPAR, MICE, renovated assets and new businesses. • Management raised FY27 revenue growth guidance by ~300 bps. • Events, weddings and asset-light expansion support strong underlying momentum. • Jefferies raises FY27–29 EBITDA/PAT estimates by ~1–5%. • Builds in ~19% EPS CAGR over FY26–29E, including recent OHL consolidation.
THE INDIAN HOTELS CO. LTD