ICICI Securities upgrades Indian Hotels to ‘buy’; stock jumps over 7%

ICICI Securities upgrades Indian Hotels to ‘buy’; stock jumps over 7%

Brokerage firm ICICI Securities has upgraded hospitality company Indian Hotels from ‘hold’ to ‘buy’. The firm sees an upside potential of 21%, setting the target price at ₹640 per share. “With the stock price correcting ~10% in the last three months, we upgrade IHCL to BUY, from Hold, with a revised TP of INR 640 … Read more