17 Feb 2026 | 5 Mins Read

Top analysts divided on IHCL after Q3 results, is it a 'buy' or 'sell'?

Flipitmoney

Nomura maintains a 'Buy' rating for IHCL, expecting a 16.6% upside to Rs 830, driven by high visibility on ADR growth, improving ROIC, and potential exceeding 2030 targets. Meanwhile, Nuvama keeps its 'Reduce' call, predicting a 10.6% downside to Rs 636, citing falling management fees per key and weak hotel segment growth. IHCL's Q3FY26 net profit rose 50.86% YoY to Rs 954.24 crores.