Morgan Stanley initiated an ‘Overweight’ rating on Schloss Bangalore, setting a target price of Rs 549, driven by a luxury hospitality upcycle and strong financials. The stock surged 5% following the report. While concentration risk and demand cyclicality are concerns, steady growth and low debt support a potential re-rating for the company.
Morgan Stanley initiates coverage on The Leela shares with ‘overweight’ rating, Rs 549 target; stock up 5%
by ET Markets | July 8, 2025 1:05 pm | Indian Stocks, Market, News