Indian Hotels Co Ltd News

Indian Hotels to stay the course on asset monetisation for growth_65747

Hospitality chain says its needs 'see what we need and what we don't' as it goes on monetisation plan.

Indian Hotels unveils 'Ahvaan 2025' for profitable growth; stock gains 4%_65593

The company aims to build a portfolio of 300 hotels, clock 33 per cent EBITDA margin with 35 per cent EBITDA share contribution from new businesses and management fees by FY 2025-26.

Indian Hotels Company eyeing 18-20 openings this year, says CEO Chhatwal_60656

Of the 18 launches that IHCL is eyeing, 7-10 would be under the Ginger brand

Business segment recovery to drive growth for Indian Hotels Company_58085

While growth metrics should improve as the leisure segment and business travel picks up, the company's March quarter performance was weaker than expected

Indian Hotels surges 6% on healthy Q4 turnaround, strong demand outlook_57631

The management said business outlook is positive with April and May trending ahead of 2019.

Indian Hotels turns in Rs 72 cr profit in Q4 against a loss last year_57495

Firm reports consolidated revenue of Rs 872.08 crore during the quarter as against Rs 615.02 crore in the year-ago period

Tata Motors, Tata Elxsi, Tata Consumer: Strategies for Tata group stocks_48667

Among the pack, Tata Motors seems to be a slow mover, as the stock may see an upside of 8 per cent on crossing the major hurdles.

Indian Hotels nears record high ahead of fixing of QIP price band_46930

In the past three months, the stock has outperformed the market by surging nearly 30 per cent, as compared to 0.61 per cent rise in the S&P BSE Sensex

Tata group companies cut debt by selling shares, some biz portfolios_46255

Group's net debt fell to Rs 2.04 trn in FY21 from Rs 2.6 trn a year ago; Debt of unlisted Tata Sons, the holding company, will go up this fiscal with Air India deal

Indian Hotels gains 3% as board approves Rs 2,000-crore QIP_46058

A board meeting is scheduled to be held on March 25, 2022 to consider and approve the issue price, including a discount, for the equity shares to be allotted to QIB

Stocks to Watch: Indian Hotels, TCS, Dabur, Bosch, Ashok Leyland, Insurance_36352

Insurance related stocks could see some action as the India Protection Quotient (IPQ) survey 4, stated that term insurance ownership has gone up from 36 per cent to 43 per cent in the last two years.

Hotel stocks gain on hopes of demand rebound; Chalet Hotels surges 20%_35073

Analysts anticipate a faster recovery in the demand environment and are hopeful that consumption will reach normalised pre-Covid levels in H1FY23

Hotel stocks rally on heavy volumes; Chalet, Lemon Tree soar over 10%_25330

While Q2FY22 witnessed a sharp rebound in revenues on a lower base, ICICI Securities expect a further recovery in revenues during Q3FY22E supported by healthy festive season travel demand.

IndiGo, PVR: These recovery-plays can surge up to 11% despite Omicron woes_10544

These stocks have corrected between 10-20 per cent over the last one month relative to benchmarks' 3 per cent fall. Here's a possible way forward for these stocks

Survival first, revival later: Hospitality industry's mantra for 2022_9051

When the sun rises in 2022, the Indian hospitality industry will be waking up with prayers for survival, desperately looking forward to some form of support from the government as revival from the impact of the coronavirus pandemic of the last two years will be an arduous journey. Just as the industry was beginning to see a flickering light at the end of a long tunnel towards the end of 2021, the spread of the Omicron variant of coronavirus and subsequent extension of suspension of scheduled international passenger flights till January 31, 2022, has come as a dampener to those who were looking to have some business in the winter season. With inbound tourist arrivals unlikely amidst the pandemic, the industry wants the government to incentivise domestic travels with income tax benefits for a limited period so as to help the hospitality and tourism sector get up again by tapping the pent up demand for holidays, within the country. According to industry body Federation of Hotel & ...

Indian Hotels, IRCTC: Are travel related stocks a risky bet or a smart buy?_4341

Any positive development in the travel industry may boost related stocks.