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Kotak remains positive about hotel stocks, raises target price of IHCL, Chalet, Lemon Tree, Samhi Hotels; here's why

Favourable demand-supply dynamics and increasing average room rates (ARR) in India s hospitality industry have led Kotak Institutional Equities to revise upward the sector s FY25E EBITDA. The brokerage firm raised fair values of Indian Hotels Company, Chalet Hotels, Lemon Tree, and Samhi Hotels.

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FIIs may increase their stake in equity markets in FY25; check top sectors and stock picks

Bulk Deals: Goldman Sachs buys Samhi Hotels shares for client but offloads own holding

Goldman Sachs Investments Holdings Asia sold their entire 1.70 crore shares, a 7.84 percent stake at an average price of Rs 200.55 in Samhi Hotels

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Share Market Highlights 28 March 2024: Indian equity markets end FY24 on a bullish note; Sensex jumps 650 pts, Nifty settles above 22,300

Share Market Highlights 28 March 2024: Indian equity markets end FY24 on a bullish note; Sensex jumps 650 pts, Nifty settles above 22,300
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