India's Juniper Hotels gains after full buyout of unit

Juniper Hotels

05/06/2026 07:53

** Shares of Hyatt partner operator Juniper Hotels JUNI.NS rise 1.9% to 205 rupees, hitting a three-week high 
** Co acquires 100% stake in Juniper Hospitality Assets, through a share purchase agreement, making it a wholly owned subsidiary 
** JUNI trades at forward 12-months PE of 17.2 vs industry median of 26.9 - LSEG data
** Three brokerages rate the stock "buy"; their median PT is 350 rupees - LSEG data
** YTD, JUNI down 19.2% vs 2.5% rise in Nifty Smallcap 250 Index .NISM250 

 (Reporting by Abhinav Parmar in Bengaluru)
 ((Abhinav.Parmar@thomsonreuters.com;))