Favourable demand-supply dynamics and increasing average room rates (ARR) in India's hospitality industry have led Kotak Institutional Equities to revise upward the sector's FY25E EBITDA. The brokerage firm raised fair values of Indian Hotels Company, Chalet Hotels, Lemon Tree, and Samhi Hotels.
2 min read03:24 PM ISTAccording to Elara Capital, strong leisure and growing business travel will continue to accelerate ARR growth and increase occupancy.
2 min read12 Apr 2024If an investor had allocated ₹10,000 to penny stock HLV back in March 2020, that initial investment would have grown to ₹73,600 by now.
2 min read27 Mar 2024Emkay Global Financial Services predicts a strong growth in hotel sector in Q4 and Q1 with rising average room rates due to MICE events. Lemon Tree and IHCL sign new contracts, while Chalet acquires a resort. Target prices adjusted. Positive revenue outlook. Maintain ADD on all stocks.
3 min read25 Mar 2024Buy or sell stocks: Osho Krishan has recommended buying two stocks for Thursday - Bajaj Finserv Ltd and Chalet Hotels Ltd.
4 min read21 Mar 2024Hotel industry market cap has more than tripled since 2019 on strong earnings momentum & surprises, valuation re-rating on the back of the domestic travel theme, and 3 recent new listings, said Jefferies in a recent report. It sees earnings momentum remaining strong this year.
4 min read19 Mar 2024JUNIPER HOTELS stock price went up today, 06 Mar 2024, by 1.43 %. The stock closed at 444.05 per share. The stock is currently trading at 450.4 per share. Investors should monitor JUNIPER HOTELS stock price closely in the coming days and weeks to see how it reacts to the news.
13 min read6 Mar 2024APEEJAY SURRENDRA PARK HOTELS stock price went down today, 06 Mar 2024, by -2.67 %. The stock closed at 209.85 per share. The stock is currently trading at 204.25 per share. Investors should monitor APEEJAY SURRENDRA PARK HOTELS stock price closely in the coming days and weeks to see how it reacts to the news.
13 min read6 Mar 2024JUNIPER HOTELS stock price went down today, 05 Mar 2024, by -3.38 %. The stock closed at 459.45 per share. The stock is currently trading at 443.9 per share. Investors should monitor JUNIPER HOTELS stock price closely in the coming days and weeks to see how it reacts to the news.
11 min read5 Mar 2024APEEJAY SURRENDRA PARK HOTELS stock price went down today, 05 Mar 2024, by -0.92 %. The stock closed at 211.8 per share. The stock is currently trading at 209.85 per share. Investors should monitor APEEJAY SURRENDRA PARK HOTELS stock price closely in the coming days and weeks to see how it reacts to the news.
12 min read5 Mar 2024The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared