Indian Hotels Co Ltd
INDHOTEL

125.75

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Turnover (lac)
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Day's Vol.(shares)

125.50

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Accumulate
Reco. Price
Rs 129.00
We recommend ACCUMULATE on the stock as we expect PAT to turn positive in FY18E. This will be driven by sale of non-core assets coupled with improvement in demand. The stock is currently trading at adjusted EV/room of Rs 1.90cr and FY18E P/E of 53.7x. (Target Price - Rs.138)
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50 DMA (.)
123.95
100 DMA (.)
113.22
200 DMA (.)
118.58
Weekly Range (.)
124.60
128.00
Monthly Range (.)
122.50
132.00
52 Weeks Range (.)
88.70
143.00
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