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JEFFERIES ON IHCL
IHCL shares in focus as Q2 revenue rises 22% YoY, firm hikes FY27 guidance. What Jefferies and other brokerages are sayingIHCL reported a 22% year-on-year rise in Q2FY27 revenue to Rs 2,484 crore and a 23% increase in net profit to Rs 349.49 crore. The hotel ma...
Iran war impact on travel: How Jefferies is tweaking its hotel, airline stock portfolioJefferies has turned cautious on India’s travel sector as the Iran–Middle East war hurts international traffic, lifts fuel costs and weaken...
ITC Hotels stock in focus as BAT plans to exit stake by 2026BAT plans to divest its 15.3% stake in ITC Hotels by 2026, stating it has no long-term interest in the sector. ITC Hotels, which recently a...
ITC Hotels shares may rally by 30% led by strong franchise: JefferiesITC Hotels: Jefferies initiated coverage on ITC Hotels (ITCH) with a ‘buy’ rating and a target price of Rs 240, citing strong growth potent...
Indian Hotels shares tumble 4% after company posts Q3 profit at Rs 633 croreIndian Hotels shares: Tata Group-backed IHCL shares fell 3.9% to Rs 782.20 despite reporting a 33% rise in quarterly profit to Rs 633 crore...
Ram Mandir theme: Smallcap zooms 7% on bagging orders from AyodhyaThane-based Responsive Industries is a leading manufacturer of PVC products like vinyl flooring, synthetic leather and luxury vinyl tiles.
The economics of Ayodhya Ram Mandir: Fostering a multi-billion-dollar push in infra & super stock spikeRam Mandir inauguration in Ayodhya is attracting attention and investment opportunities, transforming the ancient city into a global religi...
$10 billion makeover! Ayodhya Ram Mandir could attract 5 crore tourists per year, says JefferiesGlobal brokerage firm Jefferies, in a report, said that the Ram Temple in Ayodhya is expected to have a big economic impact. It introduces ...
How Ayodhya Ram Mandir can become India's Mecca and Vatican of domestic and global tourist hubThe grand opening of Ayodhya's Ram temple is not only a significant religious event but also holds immense economic potential. A $10 billio...
As ICC Cricket World Cup begins, stock pickers glued to new investing mantraCricket World Cup is by far the largest cricketing event in India with about 330 hours of gameplay which is higher than even the Indian Pre...
Triveni Sangam! G20 among 3 triggers making bulls check into hotel stocksShares of India's largest hospitality group Indian Hotels (IHCL), which owns brands like Taj, Vivanta and Ginger, have risen 35% in the las...
ITC board approves demerger of hotels business, share price drops 4%"After due consideration, the Board accorded its in-principle approval to the demerger of Hotels Business under a scheme of arrangement, wi...
Hot Stocks: Brokerage view on HDFC Bank, M&M, Zomato, Indian Hotels and Ashok Leyland post Q2 resultsMacquarie maintained an outperform rating on HDFC Bank with a target price of Rs 2005. MSCI changes remove a major overhang, the brokerage ...
Multiple triggers to drive rally in this Tata Group stock, but upside may be capped. Here’s whyAfter hosting the company management, Jefferies has pointed out key triggers for the company including higher occupancies, better margins a...
Maruti, IHCL, Godrej Consumer are among Jefferies' top picksJefferies said the company's margins could jump to 31-32% for FY24-25 against 13% in FY22. "During Covid, IHCL has deployed several measure...
Hot Stocks: Global brokerage view on Indian Hotels, Bharti Airtel, Adani Ports and DelhiveryThe company reported a strong all-around rebound. IHCL reported a strong performance for Q1FY23 EBITDA margin at 29.8 per cent, which was t...
Analyst Calls: Somany Ceramics, M&M, Whirlpool, Motherson Sumi, IHCLEmkay Global has maintained buy rating on Somany Ceramics with a revised target price of Rs 217.