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News 2026-10-16 08:33 UTC

BUZZ — HSBC raises PT for India's Leela Palaces Hotels on earnings prospects

* HSBC raises Leela Palaces Hotels & Resorts' PT to 739 rupees from 703 rupees, maintains "buy" rating * Stock down 0.5% at 593.50 rupees * Brokerage says co's Q2FY27 EBITDA beat consensus by about 9%, with 30% revenue per available room growth exceeding both HSBC's forecast and market-wide analysts' forecast * Brokera