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INDHOTEL — Indian Hotels News Story

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Indian Hotels Company dips, analysts bullish post robust quarterly results

BUZZ-Indian Hotels Company dips, analysts bullish post robust quarterly results

** Taj Hotels operator Indian Hotels Company's IHTL.NS shares fall 1% to 724.15 rupees

** Stock has declined about 3% over five sessions; Reuters was not able to establish reason for fall

** Quarterly ops revenue rises 14.6% YoY; Net profit jumps 20.8%

** Jefferies says co delivered standout qtr despite Iran war impact

** "Expect domestic tourism tailwinds to persist, aided by shift from international travel, and raise FY27 RevPAR growth to 10% and EBITDA/PAT by 2-3%" - Jefferies

** Dolat Capital says IHCL has strong inventory pipeline, favourable industry trends, diversified brand portfolio and business mix, value-accretive acquisitions and healthy balance sheet

** 24 of 29 brokerages rate stock "buy" or higher; median PT 829.5 rupees - LSEG-compiled data

** YTD, IHTL down 1.4% vs 6% decline in Nifty 100 Index .NIFTY100


(Reporting by Abhinav Parmar in Bengaluru)

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

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