ICICI Direct is bullish on East India Hotels has recommended buy rating on the stock with a target price of Rs 185 in its research report dated May 11, 2022.
From his insistence on an egg yolk being the right shade of yellow for use in omelettes served at Oberoi properties to his definition of luxury, traits that helped P.R.S. Oberoi create world-class hotels.
ICICIdirect.com is bullish on East India Hotels (EIH) and has recommended buy rating on the stock with a target price of Rs 124, in its research report dated June 04, 2015.
Prithvi Raj Singh Oberoi, Chairman of East India Hotels, a leader who at 86 is still hands-on with building and expanding his hotels business. He has always maintained that he doesn‘t want the Oberoi Group of Hotels to be the biggest but he certainly wanted to be the best.
At a time when the hotel industry is witnessing a slowdown, the vacation ownership sector is growing steadily, against odds, says Nirmal Bang research report.
PRS Oberoi, chairman of EIH today assured shareholders that ITC will not own their company. He, however, has invited Reliance to up their stake and be a part of EIH board, reports CNBC-TV18.
Anil Singhvi, Chairman of Ican Investment Advisors and Ashok Wadhwa, Group CEO of Ambit Holdings debate on what the Takeover Code could mean from a market perspective, whether it will unleash a lot of mergers and acquisitions, what will promoters do and whether individual stakes in companies will go up.
In an interview with CNBC-TV18, Hemang Jani, Sr Vice President of Sharekhan, advised that investors should study the business model and overall risk reward ratio before investing in midcap stocks. On stocks that have seen steep correction, he says, “REC, which fell about 40-45%, looks good as the stock has 21% returns on equity (ROE).
Rajen Shah of Angel Broking feels that East India Hotels can go upto Rs 120 in one-year time.
Hemang Jani of Sharekhan feels that East India Hotels can give 50-55% return in one-year.