Indian Hotels plans ₹7,500 cr capex for growth
pre-market1 source ↓written by the desknot a recommendation
- capex plan
- ₹7,500 crore
- The stock rose
- 1.65%
- amid this announcement
- ₹732.45
Indian Hotels Company Limited announced a ₹7,500 crore capex plan over five years under its "Accelerate 2030" strategy. This investment aims to expand its hotel portfolio, reflecting strong cash flows and confidence in India's premium hospitality demand. The stock rose 1.65% to ₹732.45 amid this announcement.
This move may position the company for a multi-year growth cycle, attracting investor interest as it navigates global uncertainties.
Not investment advice. For informational purposes only.