AgenciesICICI Direct has buy call on Indian Hotels Company with a target price of Rs 287.5. The current market price of . is Rs 284.65. Time period given by analyst is Intra Day when Company Ltd. price can reach defined target.
Indian Hotels Company Ltd., incorporated in the year 1902, is a Mid Cap company (having a market cap of Rs 40481.39 Crore) operating in Tourism & Hospitality sector.
Indian Hotels Company Ltd. key Products/Revenue Segments include Income from Rooms, Restaurants & Other Services for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 1293.19 Crore, up 35.43 % from last quarter Total Income of Rs 954.88 Crore and up 249.23 % from last year same quarter Total Income of Rs 370.30 Crore. Company reported net profit after tax of Rs 166.13 Crore in latest quarter.
Investment Rationale
Bullish belt hold line candlestick at 20 day EMA and price showing resilience in weak markets , signaling further upsides
Indian Hotels Company Ltd., incorporated in the year 1902, is a Mid Cap company (having a market cap of Rs 40481.39 Crore) operating in Tourism & Hospitality sector.
Indian Hotels Company Ltd. key Products/Revenue Segments include Income from Rooms, Restaurants & Other Services for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 1293.19 Crore, up 35.43 % from last quarter Total Income of Rs 954.88 Crore and up 249.23 % from last year same quarter Total Income of Rs 370.30 Crore. Company reported net profit after tax of Rs 166.13 Crore in latest quarter.
Investment Rationale
Bullish belt hold line candlestick at 20 day EMA and price showing resilience in weak markets , signaling further upsides
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