BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Anand Rathi Report
After Covid-19 subsides, we expect The Indian Hotels Company Ltd. to outclass others, driven by its dominance in the Indian hotel sector, strong brand equity, well diversified portfolio across business segments and price points.
We reckon that complete revival in demand will be from Q1 FY23 subject to the speed of vaccination.
In our view, the company has enough liquidity to tide as earnings will take time to recover; particularly cross-border travel led and is discounted in the price.
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