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Kotak remains positive about hotel stocks, raises target price of IHCL, Chalet, Lemon Tree, Samhi Hotels; here's why

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 IST
Companies

Q4 Results Preview: Hotel industry likely to post double-digit revenue growth over robust demand

According to Elara Capital, strong leisure and growing business travel will continue to accelerate ARR growth and increase occupancy.

2 min read12 Apr 2024
Markets

Multibagger: Up over 600%, penny stock HLV turned ₹10,000 into ₹73,600 in 4 years; good time to buy?

If 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 2024
Markets

With elevated room rates, Q4 to be another strong quarter for hotel sector, says Emkay; adds Lemon Tree, IHCL, Chalet

Emkay 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 2024
Markets

Buy or sell: Osho Krishan of Angel One recommends buying Bajaj Finserv and Chalet Hotels today

Buy or sell stocks: Osho Krishan has recommended buying two stocks for Thursday - Bajaj Finserv Ltd and Chalet Hotels Ltd.

4 min read21 Mar 2024
Markets

Hotel industry market cap tripled since 2019; Jefferies sees momentum continuing in 2024

Hotel 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 2024
Markets

JUNIPER HOTELS share price Today Live Updates : JUNIPER HOTELS closed today at ₹450.4, up 1.43% from yesterday's ₹444.05

JUNIPER 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 2024
Markets

APEEJAY SURRENDRA PARK HOTELS share price Today Live Updates : APEEJAY SURRENDRA PARK HOTELS closed today at ₹204.25, down -2.67% from yesterday's ₹209.85

APEEJAY 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 2024
Markets

JUNIPER HOTELS share price Today Live Updates : JUNIPER HOTELS closed today at ₹443.9, down -3.38% from yesterday's ₹459.45

JUNIPER 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 2024
Markets

APEEJAY SURRENDRA PARK HOTELS share price Today Live Updates : APEEJAY SURRENDRA PARK HOTELS closed today at ₹209.85, down -0.92% from yesterday's ₹211.8

APEEJAY 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 2024
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