Where are ITC Hotels shares are headed after beating estimates in Q1

Jefferies has raised ITC Hotels’ EBITDA estimates by 4% for financial year 2026-2028 and its revised price target of ₹270 factors in the company’s EBITDA and PAT to grow at a Compounded Annual Growth Rate (CAGR) of 15% and 23% respectively, over financial year 2025-2028.

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