Stocks to buy with Anil Singhvi: Sandeep Jain recommends ITDC today—here is why
In today's episode of 'Jain Saab Ke Gems' show, stock market analyst Sandeep Jain, while speaking to Zee Business Managing Editor and Market Guru Anil Singhvi, named another stock for investors to make good gains from.
Stocks to Buy With Anil Singhvi: In today's episode of 'Jain Saab Ke Gems' show, stock market analyst Sandeep Jain, while speaking to Zee Business Managing Editor and Market Guru Anil Singhvi, named another stock for investors to make good gains from. Today, he has recommended a stock that he said has the potential to give high returns to investors. The stock he picked today is India Tourism Development Corporation Limited (ITDC) and here is why.
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The India Tourism Development Corporation is a hospitality, retail, and education company owned by the Government of India, under the Ministry of Tourism. Established in 1966, it owns over 17 properties under the Ashok Group of Hotels brand, across India.
ITDC develops tourism infrastructure and promotes India as a tourist destination. ITDC provides tourism services including accommodation, catering, travel-related services, event management, publicity, hotel consultancy, duty-free shops, in-house travel agency, entertainment, and shopping.
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In today's episode, market analyst Sandeep Jain said: "India Tourism Development Corporation Limited stock is available at good levels. If we talk about the fundamentals of India Tourism Development Corporation Limited, promoters have 87 percent holdings in the company. I'm very bullish on this stock. Investors should buy this stock at these current levels. It will be beneficial for them in the future.
India Tourism Development Corporation Limited (ITDC): Investors Strategy
On what should be the strategy that a stock market investors can maintain in regard to India Tourism Development Corporation Limited (ITDC) shares, Jain told Anil Singhvi, "India Tourism Development Corporation Limited stock is currently trading around Rs 368 and one can target this stock at Rs 390-430."
10:45 AM IST