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Live News EQUITY ARTICLE M impact

Indian Hotels Hits 52-Week High, Raises Revenue Growth Outlook

Indian Hotels Company shares reached a fresh 52-week high after strong September-quarter results. The company raised its full-year revenue growth outlook to 15%-17% from 12%-14%.

INDHOTEL

Indian Hotels Company (IHCL) shares reached a new 52-week high on Thursday, October 22, following a strong performance in the seasonally weak September quarter. The company also raised its full-year revenue growth outlook from 12%-14% to 15%-17%. Meanwhile, global investment banking firm…