Hotel Leela can appreciate more

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Hotel Leela can appreciate more

Pratik Dalal of Emkay Share Brokers is of the view that Hotel Leela Venture can appreciate a bit more from here.

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Excerpts from Your Stocks on CNBC-TV18 Watch the full show » ALSO READ See what other Experts & Brokerages are saying about Kamat Hotels See messages about Kamat Hotels Kamat Hotels BSE | NSE 01/06/12 Are Mutual Funds betting on Kamat Hotels? Other Stocks in this news Jaypee Hotels | EIH | Hotel Leela Venture |

Pratik Dalal of Emkay Share Brokers is of the view that Hotel Leela Venture can appreciate a bit more from here.

Dalal  told CNBC-TV18, "In frontliners, EIH is better valued. Companies like Hotel Leela Venture and Indian Hotels have appreciated a lot in the last two weeks, primarily because of the split coming up. Leela is already an ex-split and Indian Hotels is going to be an ex-split in some time."

He further added, "Hotel Leela Venture can appreciate a bit more from here, but from valuations perspective in the frontliners, EIH is doing well. In the secondary segment, stocks like Jaypee Hotels and Kamat Hotels are a bit undervalued than their peers and one can see more appreciation in these counters."