SS
Sachin Shukla• 2h ago
Nomura recommends buying Leela Palaces Hotels, expecting a price of ₹510, driven by robust luxury demand, promising EBITDA and PAT growth rates, expansion in room inventory to 580 keys by FY29, and anticipated RevPAR growth.
Price History
Nomura recommends buying Leela Palaces Hotels, expecting a price of ₹510, driven by robust luxury demand, promising EBITDA and PAT growth rates, expansion in room inventory to 580 keys by FY29, and anticipated RevPAR growth.
CRISIL has maintained Leela Palaces Hotels & Resorts' credit ratings at 'AA/Stable', confirming strong financial health for its overdraft and term loans. The bank loan ratings for new loans have been withdrawn as the facilities were not utilized, while subsidiaries' ratings were also reaffirmed.