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Bharat Gianani

Senior Research Analyst

Moneycontrol

Lemon Tree Hotels: Robust performance; gearing up for next growth phase

BUSINESS

Lemon Tree Hotels: Robust performance; gearing up for next growth phase

Over the long term, LMNT plans to strengthen its presence in India’s mid-market hotel segment, aiming to scale up to 30,000-40,000 keys

Bluestone Jewellery and Lifestyle IPO: Will it shine on the bourses?

BUSINESS

Bluestone Jewellery and Lifestyle IPO: Will it shine on the bourses?

The company is not profitable at the moment and may continue to make losses in the near term

Titan Company: Jewellery, non-jewellery both add to the shine

BUSINESS

Titan Company: Jewellery, non-jewellery both add to the shine

Titan continues to gain market share in the key jewellery business. The ramping up of the international jewellery segment and the non-jewellery business remains an additional growth trigger

Trent: Q1 FY26 results beat estimates; strong growth prospects

BUSINESS

Trent: Q1 FY26 results beat estimates; strong growth prospects

The company’s strategy of better sourcing terms in the wake of increased volumes, sustained pricing discipline, and continued focus on own brands would enable it to sustain margins.

Growth continues at Baazar Style Retail with margin support

BUSINESS

Growth continues at Baazar Style Retail with margin support

With strong execution, growing private label contribution, and a clear focus on high-return expansion, the company is structurally positioned for long-term growth in the organised fashion retail space.

International Gemmological Institute India: Facing the US tariff headwinds

BUSINESS

International Gemmological Institute India: Facing the US tariff headwinds

The increasing share of LGDs in the diamond jewellery industry is beneficial for IGIL, which has established itself as leader in the segment. Leveraging this lead, IGIL is tapping new segments and consumers.

Larsen & Toubro: A healthy start to FY26

BUSINESS

Larsen & Toubro: A healthy start to FY26

Robust growth opportunities, both domestically and in the Middle East, while a strong order book provides further growth visibility.

Sky Gold & Diamonds: Correction adds shine to the valuation of the stock

BUSINESS

Sky Gold & Diamonds: Correction adds shine to the valuation of the stock

SGDL is continuing new client addition and has on-boarded Reliance Retail, Hyderabad based PMJ Jewellers, and Kalamandir in the quarter gone by.

Shanti Gold International IPO: Will it glitter on the bourses?

BUSINESS

Shanti Gold International IPO: Will it glitter on the bourses?

SGIL has a reputed and experienced management team and is well-placed to capture growth opportunities.

Brigade Hotel Ventures: Does the IPO offer a good investment opportunity?

BUSINESS

Brigade Hotel Ventures: Does the IPO offer a good investment opportunity?

The hotelier’s return ratios are solid and the stock valuation is attractive while part of the IPO money will support growth plans

Indian Hotels Company: Growth momentum to sustain

BUSINESS

Indian Hotels Company: Growth momentum to sustain

IHCL, with a comprehensive product portfolio and expansion plans in an asset-light manner, is well-positioned to ride the industry upcycle

ITC Hotels: What should investors do after the steep run-up in the stock price?

BUSINESS

ITC Hotels: What should investors do after the steep run-up in the stock price?

Demand traction remains strong and ITCH has a healthy inventory addition pipeline.

D-Mart: Can the stock sustain the valuation as results miss expectations?

BUSINESS

D-Mart: Can the stock sustain the valuation as results miss expectations?

Margin pressure likely to sustain in the current fiscal, limiting earnings growth in the near term.

PN Gadgil Jewellers: Set to shine with brand legacy, wide product portfolio

BUSINESS

PN Gadgil Jewellers: Set to shine with brand legacy, wide product portfolio

The company is adopting industry-best practices, such as 100 percent inventory hedging, building a professional management team as well as adopting to evolving consumer preferences.

Gold companies post shining performance in Q1 FY26

BUSINESS

Gold companies post shining performance in Q1 FY26

Regulatory moves and consumer preference for branded products among factors helping companies like Titan, Senco Gold, and Sky Gold

Travel Food Services IPO: Should you subscribe?

BUSINESS

Travel Food Services IPO: Should you subscribe?

TFS runs a dual-vertical business model — QSRs and lounges — at airports. As of March 2025, it operates across 18 Indian airports, including Delhi, Mumbai, and Hyderabad, as well as international hubs in Kuala Lumpur and Hong Kong

Metro Brands: Is demand traction adding spring in its step?

BUSINESS

Metro Brands: Is demand traction adding spring in its step?

Metro Brands will continue to expand network and focus on rolling out premium products

Royal Orchid Hotels: Will the growth strategy help the stock re-rate?

BUSINESS

Royal Orchid Hotels: Will the growth strategy help the stock re-rate?

With a new brand architecture, a revamped loyalty rewards programme as well as property additions in key marquee markets, ROHL is well positioned to strengthen its presence in the hotel industry

EIH Limited: Robust demand and higher room rates drive growth

BUSINESS

EIH Limited: Robust demand and higher room rates drive growth

Domestic demand continues to be strong and an expected increase in foreign tourist arrivals bodes well for EIHL, which is a preferred destination for foreign tourists.

Mrs Bectors Food Specialities: Will it resume industry leading earnings growth?

BUSINESS

Mrs Bectors Food Specialities: Will it resume industry leading earnings growth?

MBFSL is accelerating new product launches (with a focus on premiumisation) which would remain the key growth driver

Lemon Tree Hotels: Better occupancy, room rates drive performance

BUSINESS

Lemon Tree Hotels: Better occupancy, room rates drive performance

The demand momentum remains strong and LMNT has lined up aggressive inventory addition plans.

Sky Gold and Diamonds: Is sky the limit?

BUSINESS

Sky Gold and Diamonds: Is sky the limit?

SGDL continues to gain market share led by the broadening of product offerings, exclusive designs for consumers as well as gaining new consumers both in the domestic markets as well as exports.

V2 Retail: Can fashion flourish in semi-rural India?

BUSINESS

V2 Retail: Can fashion flourish in semi-rural India?

Record-breaking profits, rapid store expansion, and agile inventory control make V2 Retail a scaleable and profitable retail force in Tier 2 and Tier 3 cities

Cello World: Q4 beats estimates, but will growth sustain in FY26?

BUSINESS

Cello World: Q4 beats estimates, but will growth sustain in FY26?

CWL intends to continue launching new products along with a focus on premiumization. It is also deepening its network presence and augmenting sales via the online route

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