This optimism on the stock is largely linked to the changing business dynamics in the sector. For the coming quarters, the earnings prospects of India’s hotel industry look quite bright. This is because of favourable demand-supply dynamics. The supply of hotels is expected to be weak while the demand for rooms is likely to improve further.
2 top stock recommendations from Rajesh Bhosale
Indian equity markets rebounded on Monday, led by banking stocks, after testing key support levels. While the near-term bias remains positive, the market is expected