SAMHI Hotels experienced an 8.2% surge today due to optimistic forecasts from brokerages Choice and Antique. The former set a price target of INR 200, implying a potential increase of 49.1%, while the latter predicted a higher upside of 55.45% with a target of INR 230.

SAMHI Hotels Ltd has received an upgrade in their credit ratings by ICRA. Their long-term rating has moved from 'A Positive' to 'A Stable', while short-term ratings for the company and its subsidiaries have been improved to 'A1' from 'A2'. This change covers loans and guarantees for SAMHI Hotels and its affiliates, indicating a positive outlook for their financial position.