Hotels & Restaurants
Hotels
from 718 today
Expects a strong 2QFY27, broadly at par with or better than 1QFY27, followed by steady 2HFY27 despite a high base.
IHCL delivered resilient Q1FY27 performance with strong revenue and EBITDA growth. We retain our BUY rating with an unchanged target price of INR 925, driven by a robust pipeline and demand tailwinds.
We maintain a HOLD rating on IHCL, based on a valuation of 23x 1HFY29E EV/EBITDA.
Ratings and target prices as published by each firm. Each summary condenses that firm's stated view in its own note and is attributed to it; no report text is reproduced.
