ICICI Securities reiterates Buy on Indian Hotels with Rs 925 target
ICICI Securities maintains its Buy rating on Tata Group's Indian Hotels Company, setting a target price of Rs 925. The call signals continued conviction in the hospitality major's growth trajectory amid sustained demand in India's premium travel and leisure segment.
ICICI Securities maintains Buy rating on Indian Hotels Company with a target price of Rs 925, signaling continued positive outlook on the Tata Group hospitality major.
Why this matters
Adds to a bullish broker chorus on IHCL after Motilal Oswal flagged up to 34% upside, and follows 20-25% wedding-season booking uplift plus IHCL's spiritual tourism pipeline push in Ayodhya, Ujjain, Varanasi.
Retail-company signals steady at 3,451 over the last 90 days, with hospitality calls clustering bullish.
Also reported by
- Moneycontrol · News Web — 1h after first sighting