Investec has maintained a “Hold” rating on Indian Hotels while raising the target price from ₹630 to ₹742, reflecting a potential upside of 7.8% from the current market price (CMP) of ₹688.30. The brokerage cited the company’s comprehensive performance, which has been supported by healthy Average Room Rate (ARR) growth.
According to Investec, Indian Hotels is broadening its horizons and leveraging structural tailwinds to drive future growth. The firm expects margins to sustain at 32-32.5% over FY26/FY27, with Profit After Tax (PAT) anticipated to grow at a compound annual growth rate (CAGR) of 24% during FY24-27.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Readers should consult a professional advisor before making any investment decisions.
