Indian Hotels Q2 profit up 20%, Nomura raises target to ₹850

Indian Hotels Q2 profit up 20%, Nomura raises target to ₹850. Quarterly profit rose 20%, driving a 4% jump in share price. Nomura upgraded its target to ₹850, citing strong operational recovery and RevPAR growth. The positive earnings surprise and broker confidence signal robust demand in the luxury hotel segment.

📊 STOCKS: $INDHOTEL | 🏢 SECTOR: Hospitality | #HIGHIMPACT #Earnings