Indian Hotels, led by Puneet Chhatwal, showcases robust growth through strategic new contracts, capital-light models, and diversified top line expansion. The company s focus on operating leverage, digital enhancements, and new business segments sets the stage for continued success in the hospitality sector. He says: Indian Hotels combination of capital heavy and capital light which is today at 40-60 and could grow to 30-70, 70 in favour of capital light,
IHCL will continue to deliver double digit revenue growth with new businesses at 30 percent and opening of 25 hotels, managing director & CEO Puneet Chhatwal has said
Motilal Oswal is bullish on Indian Hotels has recommended buy rating on the stock with a target price of Rs 680 in its research report dated April 25, 2024.