JM Financial maintains a Buy call on Juniper Hotels, projecting a target price of Rs 410 within a year. The brokerage anticipates a revenue CAGR of approximately 15% and an EBITDA CAGR of around 22% from FY25 to FY28, driven by new inventory and increased ancillary revenue. Currently, promoters hold a significant 77.53% stake in the company.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets