Jefferies initiates coverage on Leela Hotels with Buy rating, sees 22% upside
Jefferies initiated coverage on Leela Hotels with a Buy rating and a Rs 675 target, citing India’s premiumisation trend, rising luxury travel demand and the company’s owned-led expansion strategy. The brokerage expects strong revenue and earnings growth through FY29, supported by higher room rates, leisure exposure and Brookfield backing.
We haven't written up this one. The Economic Times - Top News has the full story — the link below goes straight to it.
