If you could give me the opportunity I take a minute off I was just viewing some of my recommendations over the week and for the benefit of our viewers I would like to just bring it to light that two of my calls one is Cipla which I recommended at 319. I had a one year target of 372 while the viewing was seen as 272 so I would like to clear that first and that one year target which I have set for Cipla was 372 and not 272 and the other stock in point was ONGC which I recommended at 1167 with a 2 to 3 months time frame the target set is 1225 and not 1125.
And coming back to your question now as far as the hotel space is concerned, yes there has been a lot of improvement in the occupancies so also the room revenue realisations going ahead. We have the economic improvement happening globally, so if we have to look at expansion plans, which most of the hotels are looking into, and also the occupancies, which are likely to rise even further, I would like Indian Hotels in the space, which has the Taj Property in Mumbai opening up in July with the debt levels have also come down. Further its also involved with lot of Greenfield expansion, so Indian Hotels would be my good investment call over medium to long term.
|
|
