Technical Stock Pick: Indian Hotels hits a fresh record high in January 2024; likely to cross 500 in next 3-4 weeks

Technical Stock Pick: Indian Hotels hits a fresh record high in January 2024; likely to cross 500  in next 3-4 weeks

Indian Hotels Ltd, part of the hotel industry, has rallied more than 12% in a month to hit a fresh record high in January 2024 and the chart pattern suggests that the rally may not be over yet.Short-to-medium-term traders can look to buy the stock now for a possible target of more than 500 in … Read more

All initiatives will add to Indian Hotels top line, margins & benefit as demand outpaces supply: Puneet Chhatwal

All initiatives will add to Indian Hotels top line, margins & benefit as demand outpaces supply: Puneet Chhatwal

Puneet Chhatwal, MD & CEO, IHCL, says “traditionally Q3 has been the strongest quarter for the sector and will continue to be so for Indian Hotels. What is interesting for us is to have gone beyond Rs 1,500 crore in top line, posting a 17% increase on consolidated level as most of our growth is … Read more