Indian Hotels Company Limited: Morgan Stanley Reiterates Overweight, Sets ₹811 Target as Acquisition Boosts Wellness Portfolio

Tourism

Published on 18th November 2025, 8:10 AM

Author

Aditi Singh | Whalesbook News Team

Overview

Indian Hotels Company Limited (IHCL) is acquiring a 51% stake in Sparsh Infratech, owner of the luxury Atmantan wellness resort near Pune, for ₹240 crore. This strategic move into holistic wellness is supported by Morgan Stanley, which maintains an 'Overweight' rating on IHCL and set a price target of ₹811, anticipating an 11% upside.