India's Leela Palaces scales one-week peak after Q4 profit rise

Leela Palaces Hotels & Resorts

29/04/2026 05:35

** Shares of Leela Palaces Hotels & Resorts LEEA.NS rise as much as 4.8% to a one-week high at 439.90 rupees

** Hotel operator's Q4 profit jumps 46% y/y; rev from ops up 14% y/y

** Ambit Insights raises PT on stock to 540 rupees from 530 rupees, noting that LEEA is likely in April to see 8-11% YoY RevPAR growth, given some recovery in foreign tourist arrivals

** LEEA rated "strong buy" on avg by 13 analysts covering the stock; median PT at 567.50 rupees, per data compiled by LSEG

** YTD, stock down 1.9%

 (Reporting by Brijesh Patel in Bengaluru)

 ((Brijesh.Patel1@thomsonreuters.com; Ph no. +91 9590227221;))