- 02:52 AM Mahindra arm to bid for USD 3.5bn defence deals
- 09:30 PM Positive global cues, RIL power markets
- 09:19 PM Hindalco launches $600m QIP book at Rs 130.9/s...
- 09:00 PM After per second billing, what next for telecom?
- 08:53 PM Prestige Group ramps up investment plans
- 08:35 PM Property prices likely to go up in December
- 07:55 PM Mahindra arm to bid for $3.5 bn defence deals
- 07:26 PM Tech Toyz celebrates the waning of recession
- 07:23 PM Experts see mkts at new highs, advise sectors
- 07:21 PM HCL Tech bags $200m order from UK’s Equitable ...



Indiabulls Securities Research is bearish on Indian Hotels and has maintained its sell rating on the stock, in its June 29, 2009 report.
"An improvement in the global macroeconomic sentiments and the return of the UPA government to power has resulted in a confidence boost for the investors. While the stock has shown some strength over the last couple of months, we continue to remain cautious on the industry prospects. Our DCF based fair value estimate of Rs 61 reflects a potential downside of 9.4% from the current market price. Hence, we maintain our Sell rating," says Indiabulls Securities' research report.
Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
To read the full report click on the attachment.....
Attachments : TU950 Indian Hotels Company Limited 090630.pdf |
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