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LORD JESUS CHRIST SAYS

So do not worry, saying, ‘What shall we eat?’ or ‘What shall we drink?’ or ‘What shall we wear?’ For the pagans run after all these things, and your heavenly Father knows that you need them. But seek first his kingdom and his righteousness, and all these things will be given to you as well. Therefore do not worry about tomorrow, for tomorrow will worry about itself. Each day has enough trouble of its own.

23 Jan 2019

STOCK MARKET--Indian Hotels(a broker recommendation) | Target Price: Rs 163


Indian Hotel Company manages 17,145 rooms across India and international locations, around 85 per cent of which are in the domestic market.

Indian hospitality industry is set to enter into an up cycle led by favourable demand-supply dynamics. Industry occupancy (67 per cent) has already breached the optimum level, allowing players to exercise pricing power.

The company also has an edge in terms of operating leverage, given its high fixed-cost proportion and efforts to rationalize expenses. We expect it to record revenue/ EBITDA CAGR of 9 per cent/ 25 per cent over FY18-20.

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