IHCL looks poised to deliver 33 percent EBIDTA margins by 2025. At CMP, the stock is trading at EV/EBIDTA of about 20 times its FY24 estimates. Given the hotel sector upcycle, earnings estimate as well as the valuation multiples can re-rate. Here's why
Indian Hotels (IHCL) is the best stock to play the recovery theme given its strong brand image, diversified offerings and focus on balance sheet. Here’s why we believe it is the best stock to play the recovery theme.