Corporate Update – Indian Hotels Company Limited
Market Performance
Closing Price (24‑hour period ending 03:47 PM Central Europe, Friday 23 Oct 2026) Indian Hotels (INDHOTEL.NS) closed 3.89 % higher at INR 781.75.
Trading Volume In the last 24 hours, INR 16.5 bn of shares were traded, representing approximately 5.19 % of the average daily volume.
Supply and Capitalization Current outstanding shares: 1.4 bn. Market capitalization: INR 12.8 bn.
Technical Indicators
200‑day simple moving average: INR 687.88.
52‑week high: INR 794.65 (22 Oct 2026).
52‑week low: INR 565.00 (2 Apr 2026).
Recent Financial Results
FY27 Second‑Quarter Performance
Revenue increased by ≈ 25 % YoY.
EBITDA rose by ≈ 25 % YoY.
Domestic RevPAR grew, supporting revenue gains.
Guidance Indian Hotels has revised its FY27 revenue outlook upward by a few percentage points. The company maintains a strong pipeline of new hotel openings across India.
Analyst Commentary ICICI Securities has raised its target price to INR 969 and retained a BUY recommendation, citing sustained momentum in the hospitality sector and the company’s robust operating metrics.
Investor Relations Scheduled investor meetings in London and Frankfurt are set for later this month. Un‑audited financial extracts for the quarter and half‑year ending 30 Sep 2026 were published in major newspapers, providing stakeholders with recent performance data.
Comparative Stock Activity (Last 24 Hours)
| Stock | Ticker | Price Change | Current Price (INR) | Market Cap (INR bn) | P/E Ratio |
|---|---|---|---|---|---|
| Rajesh Exports | RAJESHEXP.NS | –0.26 % | 51.22 | 15.3 | 21.5 |
| Shree Pushkar Chemicals & Fe | SHREEPUSH.NS | –3.19 % | 470.15 | 15.0 | 18.3 |
| Bhageria Industries | BHAGERIA.NS | –1.61 % | 354.35 | 15.1 | 21.87 |
| Modison Ltd | MODISONLT.NS | +9.39 % | 402.90 | 15.3 | 21.09 |
| Bharat Petroleum | BPCL.NS | –0.36 % | 281.95 | 15.0 | 7.18 |
Modison Ltd. Highlights
- Capital Structure: Board is reviewing a potential capital raise via a qualified institutions placement to fund ongoing and planned projects.
- Strategic Partnerships: Memorandum of Understanding with the Industrial Promotion and Investment Corporation of Odisha to explore advanced coal‑gasification technology and a new beach sand mineral processing facility.
- Investor Activity: Recent share purchases by several investment funds indicate sustained institutional interest.
Bharat Petroleum Corp. Ltd. Update
- Price Pressure: Facing significant pressure in LPG sales; under‑recovery on domestic LPG rising.
- Cost Drivers: Rising crude prices, freight cost volatility, and supply disruptions due to regional tensions.
- Procurement Strategy: Shift to delivered‑basis contracts.
- Debt Management: Refinancing of a major refinery to reduce interest costs.
- Profitability: Despite a decline in consolidated profits in the prior quarter, profitability remains supported by improved marketing margins following government price adjustments.
This report compiles publicly available information and market data as of the specified dates. All figures are rounded to the nearest whole number where appropriate.