IHCL shares in focus as Q2 revenue rises 22% YoY, firm hikes FY27 guidance. What Jefferies and other brokerages are saying
Indian markets moved higher in a quarterly results development for FY27.
· Economic Times Markets, ET Stocks
IHCL reported a 22% year-on-year rise in Q2FY27 revenue to Rs 2,484 crore and a 23% increase in net profit to Rs 349.49 crore. The hotel major raised its FY27 revenue growth guidance to 15-17%. Jefferies, Nomura and Nuvama shared their latest ratings and target prices.
Key facts
- Period
- FY27 and Q2FY27
The analysis
Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
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