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One of the sectors which has got strongly re-rated in the last four years has been hotel and tourism. Whenever there is a re-rating of a sector, it is the leader of that sector which tends to get re-rated first. So, it was the stocks of Indian hotels, which led the rally and then others joined the bandwagon. Now whether the industry has got re-rated should be judged by how the numbers have panned out across the companies in the sector. If there is an improvement across the board, then it is sectoral re-rating which is sustainable. If only one or two players have shown improvement then it is probably because the management of those companies have adopted a clever business strategy. Now the question is whether the re-rating will sustain or not. Second, whenever the markets are falling should one buy hotel stocks? The answer to these questions lies in looking at the fundamental numbers across the players in the industry. We take a look at 10 stocks, some of which are not rated, but their ....
Top stock picks for today: If Nifty holds 21,500, then 22,000-22,300 levels could be seen in a couple of weeks, Mileen Vasudeo told Business Today TV. On the stock-specific front, the market expert selected Dr Reddy's Laboratories Ltd as one of his top picks for the day. ....
The target upgrade in Lemon Tree comes on the back of the company signing a franchise agreement for an upcoming hotel in Mussoorie, Uttarakhand. This opening will be in addition to its eight existing and seven upcoming hotels & resorts in the state, the company filing of December 28 said. ....
For Monday, share market analyst from a few brokerage has assigned Buy calls on NDMC, Bharat Electronics and Lemon Tree. Check price targets and other crucial details. ....