Will IHCL's merger with Oriental Hotels unlock value for shareholders? Here's what Goldman Sachs, Nomura, and others say

IHCL’s merger with Oriental Hotels is expected to close in FY28. Brokerages like Nomura and Goldman Sachs kept Buy ratings, saying the deal will be EPS accretive and boost IHCL’s presence in South India. IHCL said the restructuring will result in an enhanced financial profile, with an increase in revenue.