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Tata Group's Indian Hotels which owns the leading hotel brand Taj, has been rising continuously after reaching a low in March. At the current price of Rs. 96 too, the long term prospects of this stock are excellent as the next two quarters are expected to be very good for the hotel sector and Indian Hotels being the leader can hope to gain the most. However, strictly from a trading viewpoint, the stock may show some weakness in the next few days. Long term investors can continue to hold. |
