Our preferable picks from Hotel Industry one should add to their portfolio are - EIH and Indian Hotels both are market leaders and have significant presence pan India.
A comparative chart indicates that these scrips are now available at a 50% discount. Wait for another 10–15% declines and one should start accumulating.
This is meant for long term investors as in the short term there will be lot of negativity and operations are hit in a big way. It is not clear when the government will allow resumption of business.
In the small cap space one can look for further declines and buy the following. Our preferred pick is Lemon Tree and Royal Orchid Hotels.
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Raghav
Equty Research Analyst
Equty Research Analyst
Smart Investor
Equity Research
Equity Research