Indian Hotels may exceed FY27 revenue guidance, Nomura raises target
after close1 source ↓written by the desknot a recommendation
Indian Hotels is expected to outperform FY27 revenue guidance following an upgrade from Nomura, which raised its target price to ₹830. This positive outlook reflects strong demand recovery in the hospitality sector, potentially boosting investor sentiment.
• Nomura's revised target indicates confidence in the company's growth trajectory.
• The hospitality sector is likely to benefit from increased travel and tourism activity.
Immediate market implications may favor Indian Hotels' stock performance.
Not investment advice. For informational purposes only.