Reports On Company: Chalet Hotels
| Right time to check-in Chalet Hotels. Buy for target price of Rs 455 (37% Upside): PL | |
| Company: | Chalet Hotels |
| Brokerage: | Prabhudas Lilladher |
| Date of report: | December 27, 2022 |
| Type of Report: | Initiating Coverage |
| Recommendation: | Buy |
| Upside Potential: | 37% |
| Summary: | We initiate coverage on Chalet Hotels Ltd (Chalet) with a ‘BUY’ rating, as it is a play on expected recovery in business travel complemented by an exposure to annuity business (18% share by FY25E) that acts as a hedge to deeply cyclical hospitality industry. |
| Full Report: | Click here to view full post with link to download pdf file |
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