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TajGVK Hotels initiated at Buy with ₹475 target; Bengaluru opening, Santacruz seen driving ~26% revenue CAGR

A broker initiated coverage on TajGVK Hotels & Resorts with a Buy rating and ₹475 target, expecting revenue to grow at about 26.4 per cent CAGR over FY26-29E, aided by a Bengaluru hotel in H2FY27e and Taj Santacruz consolidation.

Broker's Buy target price for TajGVK Hotels is above its current market price
  • Broker target price₹475
  • Current market price₹319.55

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Reported figures

From the report. Source details below

Current market price: ₹319.55
EBITDA CAGR FY26-29E: around 26.6 per cent

The source

Source Read the source at The Hindu BusinessLine

Published

Also reported by Mint

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