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For investors who can think beyond Trump: 5 large-cap stocks with an upside potential of up to 36%As the market experiences volatility, with more expected in the coming days, remember: This is a transient phase. What endures are investin...
IHCL guidance has been around 35% and we will achieve that for the year despite big disruptions: Puneet ChhatwalIHCL's MD & CEO, Puneet Chhatwal, emphasizes the Taj brand's strength, driving significant RevPAR premiums. Despite operational challenges,...
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...
Should you buy hotel stocks? Analysts are betting on them due to several reasonsThe 13 biggest hotel companies (with a market cap of over Rs.1,000 crore) reported an 18.4% year-on-year growth in revenue in the December ...
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 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 ...
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...
New businesses offset summer hit at IHCL, Q1 profit up 10%Indian Hotels Company (IHCL) reported Q1 profit of ₹260 crore and revenue ₹1,550 crore, up 10% and 6%. Ginger, Qmin, Ama Stays & Trails saw...
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. ...
We are poised to open a minimum of 25 hotels this year: Puneet Chhatwal, IHCLI think as things are beginning to normalise, this global travel will also start coming back. And as of this October, we should see us gett...
Ginger Hotels, TajSATS to lead growth of Indian Hotel’s new businessesIndian Hotel Company (IHCL) plans to expand its new businesses, including Ginger Hotels and TajSATS, to 25% by the next few years. The valu...
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...
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...
IHCL registers 321% jump in Q3 profit at Rs 404 croreIHCL reached a milestone of over 250 hotels and is in line with its vision of being a 300 hotel portfolio by 2025. In this financial year a...
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.
Jet-black days: Hotel chains & in-flight caterers brace for impact"Jet owes us too," said Patu Keswani, Chairman of mid-market chain Lemon Tree Hotels.
- TajSATS to set up 15 kitchens at Rs 400 cr
TajSATS, a leading air catering service company, has embarked on an expansion plan to set up 15 kitchens in five years.
- BJETS wants 100% in arm, to pump in $900 mn
74% FDI is allowed in chartered airlines while NRIs can invest 100%. BJETS has urged the govt to waive equity ceiling & allow 100% foreign ...