Ambit Capital sees ITC Hotels shares rallying up to Rs 230, initiates coverage with buy rating
- Posted on March 13, 2025
- By Business News Today
- 7 Views
Ambit Capital sees ITC Hotels shares rallying up to Rs 230, initiates coverage with buy rating
Ambit Capital has given ITC Hotels a "buy" rating with a target price of Rs 230, citing strong cash flow, operational efficiency, and a 15% revenue CAGR projection. Growth is supported by margin expansion and an asset-light expansion model.
