Indian Hotels stock gains as Jefferies sees 23 percent upside

Published on 09/17/2026 at 18:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Indian Hotels stock is in focus after Jefferies reiterated a Buy rating with a target of INR 875 on September 17, 2026, implying 23 percent upside. The shares rose a little over 2 percent in National Stock Exchange trading on the same date.

Indian Hotels, INE042A01025, Illustration mit AI erstellt.

Indian Hotels Company stock (ISIN INE042A01025) gained in National Stock Exchange trading on September 17, 2026, with the shares up about 2.1 percent to around INR 728 in intraday dealings. According to Business Today on September 17, 2026, Jefferies reiterated a Buy recommendation on the Tata group hospitality stock with a fresh price target of INR 875, implying roughly 23 percent upside from recent levels.

Jefferies Buy call and upside potential

As Business Today reported on September 17, 2026, Jefferies has reiterated its Buy rating on Indian Hotels and set a target price of INR 875 per share, outlining a 23 percent potential upside compared with the prevailing market price at the time of the note. The call highlights the broker's positive view on the company’s earnings trajectory and room for further re-rating of the stock.

Intraday, Indian Hotels shares were quoted at about INR 728 in National Stock Exchange trade, with live-market coverage from Moneycontrol on September 17, 2026, noting that Indian Hotels Company shares were up a little over 2 percent during the session. That puts the stock roughly 16 to 17 percent below the Jefferies target, a gap that frames the upside scenario for investors who agree with the broker’s thesis.

Recent trading and valuation context

The intraday level of around INR 728 on September 17, 2026 represents a modest gain compared with the previous close, with the Moneycontrol live blog indicating a rise of about 2.09 percent in the stock price during the session. While detailed 52-week high and low levels or market capitalization figures for Indian Hotels were not broken out in the week’s live-blog segments, the combination of a mid-700s rupee share price and a large, widely held free float underscores the company’s position as a core hospitality play within the Indian equity market.

For valuation-focused investors, the Jefferies target of INR 875 per share offers a quantified comparison point: at about INR 728 in intraday trade on September 17, 2026, Indian Hotels trades approximately 23 percent below that target level per the broker’s analysis referenced by Business Today. This spread is a key data point for readers assessing risk-reward, especially in the context of sector-wide moves and broader Nifty index levels also discussed in the live-market coverage.

Stock price snapshot

Indian Hotels stock on the National Stock Exchange was last seen around INR 728 in intraday trading on September 17, 2026, after gaining just over 2 percent during the session. That price and daily move anchor the Jefferies upside scenario and reflect ongoing investor interest in the hospitality group ahead of its next set of financial disclosures and any updated guidance.