Analysts see demand revival, earnings comfort in Indian Hotels stock

Signs of demand revival in the leisure travel segment, coupled with expectations of a sharp recovery in FY22 earnings, have analysts gung-ho on Indian Hotels Company (IHCL), whose shares are now seen consolidating over the past two months after surging a whopping 105 per cent from the 52-week low hit in May last year. But will the spike in Covid cases spoil the party?   Most brokerages hold bullish views and see up to 40 per cent upside from current levels for the stock which also forms part of Rakesh Jhunjhuwala's and his wife Rekha’s portfolios. The duo increased the stake i.....

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