Bengaluru, July 8 -- Synopsis: Morgan Stanley and BOFA Securities gave positive ratings to Schloss Bangalore Limited, with target prices of Rs.549 and Rs.520, suggesting strong upside potential up to 35%.
This small-cap stock, engaged in owning, operating, managing, and developing luxury hotels and resorts across India under "The Leela" brand, offering premium hospitality experiences, jumped 4 percent after Morgan Stanley and BOFA Securities gave a target price of Rs. 549 and Rs. 520, respectively.
With a market capitalization of Rs. 14,126.42 crores, the shares of Schloss Bangalore Limited were currently trading at Rs. 423.95 per equity share, up nearly 4.25 percent from its previous day's close price of Rs. 406.65.
Morgan Stanley, a...
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