Sharekhan - KEI Industries - Indian Hotels

KEI Industries - Recommendation: Buy - Price target: Rs125

Sharekhan believes that the fully diluted earnings per share (EPS) for FY2008Eis at Rs6.9. FY2009E earnings which on fully diluted equity is Rs10.4 per share. They remain positive on the stock and maintain our Buy recommendation with a revised price target of Rs125.

Indian Hotels Company - Recommendation: Buy - Price target: Rs180

Room rates to boost earnings