Indian tourism stocks fall as Modi urges travel restraint amid Iran war

Chalet Hotels

11/05/2026 05:25

** India's travel related stocks fall after PM Narendra Modi urges citizens to limit travel amid disruptions caused by Iran war

** Hotel operator EIH EIHO.NS drops 1.3% to 331.2 rupees, Chalet Hotels CHAL.NS loses 1.4% to 778.2 rupees, Indian Hotels Company IHTL.NS sheds 1.1% to 665.8 rupees

** Ixigo or Le Travenues Technology LETR.NS falls 2.1% to 164.82 rupees; Thomas Cook THOM.NS dips 4.1% to 92.9 rupees

** InterGlobe Aviation INGL.NS falls 3.5% to 4,362 rupees; SpiceJet SPJT.BO eases 2.9% to 13.55 rupees

** YTD, Nifty India Tourism Index .NIFTYINDTOURISM down 13.5%; had fallen 5.8% in 2025

 (Reporting by Abhinav Parmar in Bengaluru)

 ((Abhinav.Parmar@thomsonreuters.com;))