Antique gave a 'Buy' rating for Samhi Hotels stock with a target price of ₹260, an upside of 41 per cent from Friday's close.
Hotel prices in India's metro cities are likely to remain firm due to limited supply additions, even as higher room availability in tier-2 markets may cap rate growth, YES Securities said.
Analysts at Yes Securities said Samhi Hotels has a presence in key metro markets with upcoming capacity additions and a proven track record of asset turnaround