It will not stop the rich from traveling abroad on their holidays. But the weakness of the rupee surely impacts fencesitters who might rework their travel plans as any excursion abroad would require more dollars. There are also many things that happen to the domestic tourism ecosystem when the rupee weakens. Do these help select players from the tourism ecosystem continue their growth? Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks, along with detailed company analysis focusing on five key components – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members.
