Motilal Oswal maintains a Buy rating on Indian Hotels with a target price of Rs 950 per share. This implies nearly 24% upside from current levels on the back of strong growth outlook led by healthy traction in the core business and an accelerated growth trajectory in the new and reimagined businesses.
Motilal Oswal expects this Tata Group company to maintain the strong momentum over the medium term, led by-
- Increase in ARR due to healthy demand, an asset management strategy
- Corporate…
