Indian Hotels Company rises on positive outlook

Indian Hotels

14/06/2024 10:27

** Shares of Indian Hotels Company  IHTL.NS  up 3.5% to
609.9 rupees, their highest since late April 
    ** The hospitality co said it expects to log double-digit
percentage consolidated revenue growth in FY25
    ** Analysts' avg rating on stock is "Buy", median PT is 615
rupees - LSEG data 
    ** Over 7 mln shares traded, 1.8x the 30-day avg 
    ** Including session's gains, stock up 39% YTD vs 19% gains
in the Nifty mid-cap index  .NIFMDCP100  

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))