Indian Hotels Company hits record closing high

Indian Hotels

21/02/2024 10:09

** Shares of Indian Hotels Company  IHTL.NS  rise 1.4% to a
record closing high of 556.25 rupees, paring back earlier gains
of 2.9%
    ** Reuters could not immediately verify a reason for the
stock move
    ** IHTL logged fourth straight session of gain
    ** Fourteen analysts hiked PT on 'buy'-rated stock after it
reported an 18% rise in Q3 profit on Feb. 1 - LSEG
    ** The median PT is 531 rupees vs 450 rupees a month earlier
- LSEG
    ** Stock set for best month since May 2023, if gains hold

 (Reporting by Kashish Tandon in Bengaluru)
 ((kashish.tandon@thomsonreuters.com))