The Indian hospitality industry is expected to recover significantly in 2QFY25 after a weak 1QFY25, with RevPAR projected to rise 9-11% YoY. Key drivers include pent-up demand, higher occupancy, and robust expansion by major players like Indian Hotels and Lemon Tree Hotels.
The company’s board also recommended a final dividend of Rs 2.10 per equity share for the financial year 2024–25.
HDFC Asset Management Company announced a final dividend of Rs 90 per share on Thursday along with its March quarter earnings where it reported an
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