# HDFC Securities has upgraded The Indian Hotels Company Ltd. to Buy, maintaining its Ebitda CAGR estimates of 17% for FY26-28E and has set the target price of Rs 801.

*business · news · 2026-05-12 · NDTV Profit*

## Key points

- HDFC Securities upgraded Indian Hotels to Buy with a target price of Rs 801.
- MCX's FY27E options premium ADTV is estimated to rise 43% YoY but fall 12% from Q4 levels.
- Oberoi Realty posted significant presales growth at Rs 16 billion, up 96% YoY in Q4 FY26.
- HDFC Securities raised MCX's FY27/28E EPS estimates by approximately 5% and 10% respectively.

**Companies:** HDFC Securities, Indian Hotels Company Ltd., MCX, Oberoi Realty Ltd.
**Countries:** India

[Read the full story on NDTV Profit](https://www.ndtvprofit.com/markets/q4-results-indian-hotels-mcx-oberoi-realty-sonata-software-birla-corp-review-by-hdfc-securities-check-target-price-11481824)

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