IHCL to have 700 hotels within FY27, says MD & CEO Puneet Chhatwal

Indian Hotels reported movement of -17% and -14% for FY27. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.

Against that, the stock is -0.9% on the day at ₹753.00, and has returned +2.9% over three months. It is trading close to its 52-week high, so expectations were already elevated going in. The hotels & restaurants sector has moved -1.4% over the same period, so Indian Hotels is running 4.3 points ahead of its peers.

For Indian Hotels, the question is how much of this is already reflected in the price and how much re-rates the hotels & restaurants peer set alongside it.