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After 100% rally in a year, brokerages see more upside in this Jhunjhunwala portfolio stock

Shares of Indian Hotels hit their all-time high today after brokerage Jefferies said it saw a huge rise in margins for the Tata Group firm in FY24-25. Other brokerages too are still bullish on Indian Hotels despite a stellar 100 per cent rally in the last one year. Shares of Indian Hotels hit a record high of Rs 318.15 today against the previous close of Rs 314.80 on BSE. Indian Hotels stock is trading higher than the 5-day, 20-day, 50-day, 100-day and 200-day moving averages. The stock has risen 77 percent in 2022 and gained 107 percent in a year. ....

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Indian Hotels shares zoom 100% in a year, what's fuelling the rally?

Indian Hotels share price today: Indian Hotels stock, which closed at Rs 142.54 on September 1 last year hit a record high of Rs 298.70 in today's session, translating into gains of 209 per cent during the period.

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