25 Mar 2026 | 5 Mins Read
Nomura Cuts IHCL Earnings Estimates: Buy IHCL Now?
Flipitmoney
Nomura maintains a 'Buy' rating on Indian Hotels Company Ltd (IHCL) despite trimming its target price to ₹800 from ₹830, indicating a potential 30% upside from current levels. The downgrade followed a 20%+ stock correction, creating an attractive entry point. Strong medium-term growth visibility and a solid portfolio justify holding or buying, say analysts.