Buy Indian Hotels Company, target rate Rs 360: Sharekhan by BNP Paribas

Synopsis Indian Hotels Company, included in the year 1902, is a Mid Cap business (having a market cap of Rs 48790.75 Crore) operating in Tourism & Hospitality sector.AgenciesPromoters held 38.19 percent stake in the business since 31-Dec-2022, while FIIs owned 19.0 percent, DIIs 26.36 per cent.Sharekhan by BNP Paribas has purchase get in touch with Indian Hotels Company with a target cost of Rs 360. The present market value of Indian Hotels Company is Rs 338.75. Indian Hotels Company, included in the year 1902, is a Mid Cap business (having a market cap of Rs 48790.75 Crore) operating in Tourism & Hospitality sector. Indian Hotels Company crucial Products/Revenue Segments consist of Income from Rooms, Restaurants & Other Services for the year ending 31-Mar-2022. Financials For the quarter ended 31-12-2022, the business has actually reported a Consolidated Total Income of Rs 1743.51 Crore, up 38.64 % from last quarter Total Income of Rs 1257.57 Crore and up 53.76 % from in 2015 very same quarter Total Income of Rs 1133.92 Crore. Business has actually reported net revenue after tax of Rs 378.92 Crore in newest quarter. The business’s leading management consists of Mr.N Chandrasekaran, Mr.Puneet Chhatwal, Mr.Venu Srinivasan, Mr.Mehernosh Kapadia, Ms.Anupam Narayan, Mr.Nasser Munjee, Ms.Hema Ravichandar, Mr.Venkataramanan Anantharaman. Business has B S R & C
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