UBS has raised its target price on Indian Hotels to ₹925, up from its previous estimate, implying a 23% upside from the current market price of ₹751.50. The brokerage remains bullish on the company’s growth prospects, citing strong demand in the corporate and leisure segments, which is expected to drive revenue in the coming quarters.
Despite new project announcements, industry-wide supply growth remains capped at 4-5% for the next 3-4 years, due to delays in existing projects. UBS has increased its FY26-27 EBITDA estimates by 1-2%, reinforcing its positive outlook for Indian Hotels.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors are advised to conduct their own research before making any investment decisions.
