Buy Royal Orchid Hotels for Target Price of Rs 498 (76% upside)

Discussion in 'Latest Brokerage Stock Buy-Sell Reports' started by Vidhi Khanna, Nov 19, 2023.

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  1. Vidhi Khanna

    Vidhi Khanna Active Member Staff Member

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    Royal Orchid Hotels will benefit from favourable demand-supply dynamics. Revenue/EBITDA to clock 29%/18% CAGR over FY23–25. Growth expected to outpace peers which will help to narrow valuation gap with peers. BUY for Target Price of Rs 498 (76% upside)

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    Vidhi Khanna, Nov 19, 2023
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