We are not very sure about how profitable Zomato s business model is, but given that there is a frenzy for good names in the IPO market the pricing looks to be pretty decent, says Hemang Jani, Equity Strategist & Senior Group VP, Motilal Oswal Financial Services. Edited excerpts from an interview:
How should one approach Indian Hotels at this point of time? As things get ironed out on the Covid front, will there be a massive surge in the stock?
Indian Hotels management articulated in its investor meet their strategy to capitalise on the business recovery, focus on the new brands and businesses and, more importantly, pursue asset light growth. We are in a revival mode. Stronger players with better balance sheets and cost controls are in a position to take advantage of the revival. This bodes extremely well for a player like Indian Hotels.
Bangalore
Karnataka
India
Hemang-jani
Motilal-oswal
Godrej-properties
Equity-strategist-senior-group
Motilal-oswal-financial-services
Oberoi-realty
Indian-hotels
Equity-strategist
Senior-group