Stock market analyst Krunal Dayma has maintained 'buy' rating on Hotel Leela Venture Ltd stock to a target of Rs 61.

According to analyst, the interested investors can buy the stock with strict stop loss of Rs 52.

The stock of the company, on Sep 03, closed at Rs 55 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 55.25 and a low of Rs 33.30 on BSE.

Current EPS & P/E ratio stood at 1.30 and 43.76 respectively.

As per recent reports, the country's hospitality firms are bringing in interior design and associated construction material from the Chinese market for their hotel projects.

However, Hotel Leela Venture's promoters' have taken a step ahead.

They are taking the services of workers from China in order to make sure that their showcase 5-star luxury hotel at Chanakyapuri in the national capital gets complete in time for the Commonwealth Games (CWG), which will start by the coming month (Oct 2010).

Moreover, hotel owners are making plans to raise the room taxes duties by 10 to15% from this month as they anticipate that strong demand with the beginning of the winter season help them recover from the financial slump.

Indian hotels customarily raise the rates before the winter season each year.

Due to financial slowdown, which affected consumer expenditures and the terrorist act in the year 2008, had cut down the number of holidaymakers, particularly international tourists.

This hit Indian hotel biz badly and resulted in room rates crashing by 25-30% over the last two years.