Business Standard

Analysts see demand revival, earnings comfort in Indian Hotels stock

Analysts also expect IHCL to maintain a valuation premium to peers due to its strong brand, which would aid pricing and occupancy levels

The Connaught from brand SeleQtions of The Indian Hotels Company is in the middle of the Central Business District at Connaught Place and reflects Delhi's cultural and linguistic melting pot
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The F&B activity for Indian hotels has also picked up with most of the preferred restaurants seeing healthy demand in Mumbai and Delhi

Saloni Goel New Delhi
Signs of demand revival in the leisure travel segment, coupled with expectations of a sharp recovery in FY22 earnings, have analysts gung-ho on Indian Hotels Company (IHCL), whose shares are now seen consolidating over the past two months after surging a whopping 105 per cent from the 52-week low hit in May last year. But will the spike in Covid cases spoil the party?
 
Most brokerages hold bullish views and see up to 40 per cent upside from current levels for the stock which also forms part of Rakesh Jhunjhuwala's and his wife Rekha’s portfolios. The duo increased the

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