Oriental Hotels: Efficiency to Yield Better Results Post End of Pandemic
Equity Bottom-Up
106 Views, 19 Jan 2022 18:21
EXECUTIVE SUMMARY
Oriental Hotel (OHL) operates in South India with Indian Hotels Company (IHCL) being one of the promoter entities
The company owns and operates seven hotels with ~825 rooms across business & leisure locations in the south
We remain positive on the company and maintain our BUY rating. We value the stock at Rs 73 i.e. 30x FY23E EV/EBITDA
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