SAMHI’s hotels are located in 13 cities in India that constitute key urban consumption centers across the country, which collectively account for 70% of the air passenger traffic and 90% of office space in India, as of March 2023, according to Arun Agarwal – VP and analyst – fundamental research, Kotak Securities.
Sharekhan by BNP Paribas holds a positive view of the company and expects a 24% upside in the stock over the next 12 months. It has a price target of Rs 222 for the stock.