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TATA GROUP Share Will Jump After Budget; Opportunity To Buy Before The Budget

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Indian Hotels Company Ltd (NSE: INDHOTEL): There is constant activity on the domestic market before the release of the budget. The market began with strong growth on Monday (January 29).

In this chaos, market experts believe the effect of budget announcements could be evident in specific stocks and could show significant growth. 

A stock Market analyst has selected Indian Hotels Company as one of the Tata Group stocks in the hospitality industry, to buy before the budget. 

He has recommended purchasing stocks for a one-year view.

Indian Hotels Expect Massive Profits

The market expert that his budget choice will be Indian Hotels. This is because the government is planning to focus this time on tourism and travel in the budget. 

The most powerful brand in India is Taj. Its sub-brands include Selection, Vivanta, and Ginger. 

The company’s total inventory is 33 thousand rooms spread across 270 properties. The company will launch around 15 new properties over the next three months.

Indian Hotels: Target of Rs 579

Ambrish Baliga says that the Indian Hotel is a debt-free enterprise. Its ratio between net debt and EBITDA of 0.5. 

Shortly the revenue CAGR will be 15% and EBITDA CAGR 20 percent. The projected EBITDA for FY 2026 is expected to be 13 rupees. 

This is the goal of Rs 579. The stock closed at 474 rupees on the 25th of January, 2024. Over the past year, the investors of Indian Hotels have got about 65 percent return. 

However, the returns on shares over 5 years are approximately 250 percent.

About Indian Hotels Company Ltd

Indian Hotels Company Limited is a hospitality business based in India. The primary business of the company is to manage, own, and operate hotels, resorts, and palaces. 

The portfolio includes premium and luxury hotel chains, as well as diverse F&B brands, salons, wellness brands, lifestyle brands, and products. 

The Company’s brand portfolio includes Taj, Taj Sats, SeleQtions, Ginger, ama Stays & Trails, Vivanta, Qmin, Khazana, The Chambers, niu&nau, Soulinaire, Loya, F&B, Golden Dragon, House of Nomad, and Seven Rivers. 

The Company’s flagship is the Taj.

Fundamental Analysis of Indian Hotels Company Ltd 

Market Cap₹ 70,602 Cr.
Current Price₹ 498.80
52-wk High₹ 500
52-wk Low₹ 286.10
Stock P/E64.38
Book Value₹ 58.3
Dividend0.21 %
ROCE12.6 %
ROE12.7 %
Face Value₹ 1.00
P/B Value8.61
OPM30.6 %
EPS₹ 7.75
Debt₹ 2,718 Cr.
Debt to Equity0.33

Indian Hotels Company Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹ 495₹ 534
2025₹ 548₹ 594
2026₹ 600₹ 625
2027₹ 684₹ 719
2028₹ 722₹ 739
2029₹ 800₹ 858
2030₹ 954₹ 1100
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Indian Hotels Company Ltd Shareholding Pattern

Promoters Holding
Dec 202238.19%
Mar 202338.19%
June 202338.19%
Sept 202338.19%
Dec 202338.12%
FII Holding
Dec 202219.00%
Mar 202318.24%
June 202321.64%
Sept 202322.17%
Dec 202323.28%
DII Holding
Dec 202226.55%
Mar 202327.47%
June 202324.05%
Sept 202323.13%
Dec 202322.19%
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Govt. Holding
Dec 20220.13%
Mar 20230.13%
June 20230.13%
Sept 20230.14%
Dec 20230.14%
Public Holding
Dec 202216.12%
Mar 202315.97%
June 202315.98%
Sept 202316.38%
Dec 202316.27%

Indian Hotels Company Ltd Share: Last 5 Years’ Financial Condition

To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 4,512 Cr
2020₹ 4,463 Cr
2021₹ 1,575 Cr
2022₹ 3,056 Cr
2023₹ 6,211 Cr
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Last 5 Years’ Net Profit:

2019₹ 296 Cr
2020₹ 364 Cr
2021₹ -796 Cr
2022₹ -265 Cr
2023₹ 1,157 Cr

Last 5 Years’ Debt-To-Equity Ratio:

20190.4
20200.53
20210.68
20220.28
20230.1

Last 10 Years’ Profit Growth:

10 Years:32%
5 Years:59%
3 Years:51%
Current Year:158%

Last 10 years’ Return on Equity (ROE):

10 Years:0%
5 Years:1%
3 Years:-1%
Last Year:13%

Sales Growth Over 10 Years:

10 Years:4%
5 Years:7%
3 Years:9%
Current Year:39%

Conclusion

This article is a complete guide about Indian Hotels Company Ltd Share.

These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. 

Also, We have talked in detail about the share’s future prospects and growth potential.

Hopefully, these informations will help you in your further investment. 

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If you have any further queries, please comment below. We will be happy to answer all your questions. 

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Also Read: ₹129 Share Hit Upper Circuit; Bonus Share Announcement; February 1, 2024 Date

Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.

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