ITC hotels share price jumps 50% within six months: Is it still a good stock to buy or time to sell?

Shares of ITC Hotelle recently demonstrated have achieved a huge 50% within six months. The company’s debt-free status, strong balance sheet and expansion plans, along with the wind of the industry, fueled this increase in ITC Hotels shares. ITC has entered the hospitality industry five decades ago, and has since developed into an industry leader. The Portfolio of ITC Hotel is scattered across six different hotel brands with ~ 62% stock under ‘ITC Hotels’ and ‘Mementos’ brands, placed in the luxury segment. The company said during its Q1 earnings that it had achieved an important milestone to cross the 200 hotel mark and is now aimed at 220 operational hotels and over 20,000 keys by 2030. 20,000 Keys, ‘Financial. Merchant momentum, supported by a strong demand principle. Occupation figures are climbing, powered by a boom in domestic travel, urban recreational and premium spending. This momentum is further reinforced by India’s structural rise in per capita income, an expanding middle class, and a growing appetite for reconnaissance time, “Dasani said. Can ITC hotels more rally? JM Financial said ITC Hotels delivered a 22% CAGR in EBITDA about FY23-25, but the growth in the short term remains limited with no new assets committed to the FY28E. Premium gas freedom as a structural growth story bet, temporary breaks as access points rather than trend reversal, especially due to improving balance sheets, higher revpars and sustained price power in the entire sector, “Dasani said. JM Financial said that although robust cash generation enables it to accelerate through Anorganic Outcome is adequately priced at the current valuations of ~ 30x on FY27E earnings. Lakshmishree, also find the ITC Hotels Shares trapped in a consolidation phase. Since then, the stock has entered a consolidation phase and formed a defined range of 255-225. This sideways action is healthy after a strong run as the stock needs time to digest profits and align with its weekly moving available, “he said. The series may continue for a few weeks until the average averages catch up. Educational purposes.