The Indian Hotels Company500850Hospitality
Indian Hotels upgraded its revenue guidance after a strong quarter boosted by the Brick Summit, with analyst seeing the stock heading to around 900
By ScoutQuest · · 1 min read
- Net profit growth
- 23 percent
- Revenue growth
- 22 percent
- EBIT growth
- 24 percent
- Occupancy rate
- 82 percent
- Management fees growth
- 25 percent
Heard on business television between 15:21:14 - 15:24:14 IST.
- Company upgraded revenue guidance, which the street cheered.
- Strong momentum continued this quarter on account of Brick Summit.
- Net profit rose 23%, revenue rose 22%, EBIT grew around 24%, with margin improvement.
- Occupancy rose to 82% due to Brick Summit; management fees grew around 25%.
- Analyst said the stock has seen a long consolidation and could rally to around 900 if markets show strength.
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Source: Live TV News Channel · 22 Oct 2026
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