Pinc Research is bullish on Indian Hotels and has recommended buy rating on the stock with a target of Rs 215, as per their report on November 30, 2007. "Indian Hotels, IHCL’s ambitious expansion plans to further consolidate its leadership position in India and establish itself in international markets, coupled with its management’s vision and execution skills, make for a strong investment case. We reiterate our ‘BUY’ recommendation with a price target of Rs 215 (cum-rights) with a 12-month investment horizon." says Pinc Research report.
Source: Moneycontrol.com
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