Indian Hotels is rapidly scaling up margin-accretive new business

Discussion in 'Latest Brokerage Stock Buy-Sell Reports' started by Vidhi Khanna, Dec 20, 2022.

  1. Vidhi Khanna

    Vidhi Khanna Active Member Staff Member

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    Indian Hotels is rapidly scaling up margin-accretive new business. These business are high margin accretive with high growth runway thereby driving up the RoCE. New business is expected to contribute ~26% to operating profits by FY25. Buy for TP of Rs 390

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