Nomura initiates Buy on Indian Hotels; cites ADR growth, asset-light model (Soban News)

Nomura has set a target price of ₹830 for the Indian Hotels stock, based on a valuation of 26 times its estimated FY28 EV/Ebitda​Nomura has set a target price of ₹830 for the Indian Hotels stock, based on a valuation of 26 times its estimated FY28 EV/Ebitda ​Latest News [ SOBAN NEWS: International and National ]