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Indian Hotels Company climbs to record high on 2030 revenue target



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** Shares of Indian Hotels Company Ltd IHTL.NS rise as much as 3.1% to record 361.25 rupees

** Tata Group-owned hotelier aims to double consol rev to 150 billion rupees ($1.78 billion) by 2030 with 20% return on capital employed and also double hotel count to 700

** IHTL targets part of its 'Accelerate 2030' strategy announced on its investor day

** Jefferies analysts had said they would look for commentary on drivers to sustain profit growth and margins

** Analysts tracking India's biggest hotelier by market cap rate it "buy" on avg, same as smaller competitors - LSEG data

** Stock up 73% so far this year, leading gains among major hotel stocks




($1 = 84.4075 Indian rupees)



Reporting by Nandan Mandayam in Bengaluru

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