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[hfe_template id='11223'] [ad_1] The tourism and travel-related stocks in India recently faced a wave of uncertainty, driven by geopolitical tensions between India and Pakistan. Investors reacted swiftly, as disruptions such as flight cancellations, airspace restrictions, and even the suspension of high-profile events like the IPL weighed heavily on sentiment. However, just when the market seemed poised for a prolonged slump, the news of a ceasefire between the two nations shifted the narrative. The question now is whether tourism stocks have truly dodged a bullet and if investors should consider accumulating them. The initial shock: Market's nervous reaction When tensions flared between India and Pakistan, tourism stocks took an immediate hit. Aviation, hotels, and travel services companies saw a marked dip as travel plans were disrupted and cautious tourists postponed their journeys. Arpit Jain, Joint MD of Arihant Capital Markets, noted that the rising geopolitica...

[hfe_template id='11223'] [ad_1] Global brokerage Macquarie has unveiled its latest India Strategy report, spotlighting IRCTC and AB Capital among six stocks it believes have the potential to deliver 2x returns over the next three years. These stocks, dubbed as the "Rising Stars", are expected to benefit from strong structural tailwinds, shifting consumer trends, and a favorable domestic macroeconomic environment. IRCTC: Target price: Rs 900 Leading the list is IRCTC, for which Macquarie has set a 12-month target price of Rs 900, with an expectation of further long-term upside. Uno Minda: Target price: Rs 1,157 Uno Minda is another top pick in this category, with a target price of Rs 1,157. Macquarie is bullish on the company’s diversified revenue mix and its wide-ranging auto components portfolio, which positions it well to ride the momentum in the automotive sector. Aditya Birla Capital (AB Capital): Target price: Rs 260 Live Events AB Capital is considered o...

[hfe_template id='11223'] [ad_1] Axis Capital has initiated coverage on several hotel stocks, reflecting optimism about the current upcycle in the Indian hotel industry. The brokerage has given a "Buy" rating to Indian Hotels with a target price of Rs 976 (current price Rs 836), implying a 16% upside. Chalet Hotels has also been rated a "Buy" with a target price of Rs 1,191 (current price Rs 921), offering a potential upside of 29%. Similarly, Juniper Hotels is rated a "Buy" with a target price of Rs 442 (current price Rs 363), indicating a 21% upside. For Lemon Tree, Axis Capital has assigned an "Add" rating with a target price of Rs 153 (current price Rs 142), suggesting a 7% upside. The report highlights that the ongoing upcycle in the hotel industry could sustain for a longer period. While supply addition is forecasted to grow at a 9% CAGR between FY24 and FY27, demand growth is expected to outpace it at 12%.This demand growth ...

[hfe_template id='11223'] [ad_1] The Indian hospitality industry is poised for a significant recovery in 2QFY25, following a subdued 1QFY25 that was hampered by transient factors like general elections, intense heat waves, and fewer auspicious wedding days. According to data from HVS Anarock, the industry’s RevPAR (Revenue per Available Room) remained flat YoY in 1QFY25. This was due to a modest 2% YoY increase in ARR (Average Room Rates), which was negated by a 170 basis points drop in occupancy. The decline in occupancy was further influenced by reduced air traffic growth—domestic air passengers grew only 4% YoY to 40.3 million—and diminished MICE (Meetings, Incentives, Conferences, and Exhibitions) activities. Despite these challenges, the industry is set for robust growth in the coming quarters. RevPAR is expected to increase by 9-11% YoY in 2QFY25, driven by a 7-9% YoY rise in ARR. Several factors underpin this positive outlook. Firstly, there is considerable pent-u...