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These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of at least 25%After a year of clear bearish bias, it appears that Nifty and Sensex are making serious attempts to move out into a different territory. No...
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of more than 30%2025 has not been an easy year for the bulls. When we say bulls, we include retail investors. That’s because all retail investors are, by n...
IHCL reports Q1 revenues of Rs 2,102 crore, PAT at Rs 296 croreTata-backed Indian Hotels Company (IHCL) posted a 32% YoY revenue growth at ₹2,102 crore and 19% profit rise to ₹296 crore in Q1FY26. Stron...
IHCL Q4 net profit at Rs 522 crore, revenue up 27% to Rs 2,425 crIndian Hotels Company Ltd (IHCL) posted a 25% YoY rise in Q4 FY25 profit at ₹522 crore. Annual profit surged 52% to ₹1,908 crore, driven by...
Indian Hotels aims to double portfolio, revenues by 2030Tata Group-owned Indian Hotels Company (IHCL) has unveiled ambitious plans to expand its hotel portfolio to over 700 properties by 2030. Th...
IHCL unveils new ACCELERATE 2030 strategyTata Group-backed IHCL has announced its ambitious 'ACCELERATE 2030' strategy, aiming to double its hotel portfolio to over 700 and achieve...
IHCL to adopt a more aggressive growth pathIHCL, backed by Tata Group, is set to unveil a new growth strategy. The company aims to accelerate its pace of expansion. IHCL recently rep...
IHCL Q2 Results: Net profit up 226% to Rs 583 crore, revenue up 27%Tata-backed IHCL reported a 226% YoY profit surge to Rs 583 crore for Q2, with revenues up 27.4% to Rs 1826 crore. The company will manage ...
Hospitality sector poised for recovery in 2QFY25; Lemon Tree could rally 30% in 1 yearThe Indian hospitality industry is expected to recover significantly in 2QFY25 after a weak 1QFY25, with RevPAR projected to rise 9-11% YoY...
What should investors do with auto stocks? Sandip Sabharwal answersThe management strategy of expanding across various formats, expanding its food delivery, TajSATS. So, I think strategically they are doing...
Indian Hotel shares jump 7% after Q1 profit rises 12% YoY. Should you buy, sell or hold?IHCL shares surged by 7% as Q1FY25 PAT rose 12% YoY to Rs 248 crore, achieving revenue of Rs 1,596 crore. Brokerages generally viewed the r...
Hotel stocks in focus; Lemon Tree, India Hotels could give 9-20% return in next 1 yearIndia's hospitality sector sees robust growth with increasing demand for branded rooms, particularly in urban hubs and the luxury segment. ...
Combo of capital heavy & capital light biz to drive operating leverage, margin expansion: Puneet Chhatwal, Indian HotelsIndian Hotels, led by Puneet Chhatwal, showcases robust growth through strategic new contracts, capital-light models, and diversified top l...
IHCL Q3 Results: Revenue rises 18% YoY to Rs 1,964 cr, PAT also up 18%For the nine months ended December 31, the company reported revenue from operations of Rs 4863.4 crore, up by 16.2% compared to the nine mo...
All initiatives will add to Indian Hotels top line, margins & benefit as demand outpaces supply: Puneet Chhatwal“We opened five hotels. Another 15 are supposed to open in the next three quarters. And we opened 13 last year too. All these initiatives s...
IHCL posts record profit of Rs 1053 cr in FY23; revenue from operations at Rs 5810 croreIndian Hotels Company (IHCL) reported a record profit of INR 10.53bn ($141m) in the financial year 2023, compared to a loss of INR 2.65bn i...
After Covid bashing, smart hotel companies are poised to make the best of economic revivalIndian Hotels Company Ltd (IHCL), owned by the Tata group, is a pioneer in luxury hotels. In 1903, the group started the iconic hotel that ...
Can IHCL (Taj Hotels) weather the coronavirus storm?Just when IHCL was cutting debt and opening more hotels, the virus storm hit and changed everything.
IHCL reports Rs 69 crore profit for September quarterIHCL said exceptional items during the quarter under review also comprise of a profit of Rs 2.12 crore on the sale of long term investments.
- Zurich air caterer to buy 74% in Skygourmet
The $3-billion Gate Gourmet, the world’s largest air catering company, has decided to acquire majority stake in Skygourmet from India Hospi...