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Bharat Gianani

Senior Research Analyst

Moneycontrol

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

Leela Hotels IPO: Should you check into this public issue?

BUSINESS

Leela Hotels IPO: Should you check into this public issue?

The Indian hospitality industry, particularly the luxury segment in which Schloss Bangalore (operator of Leela Hotels) operates, is poised for a sustained upcycle over the medium term

ITC Hotels: Strong Q4; robust growth outlook

BUSINESS

ITC Hotels: Strong Q4; robust growth outlook

ITC Hotels has a healthy inventory addition pipeline and there is scope for further sweating the current asset portfolio

NCC Limited: Strong order book provides growth visibility

BUSINESS

NCC Limited: Strong order book provides growth visibility

NCC received record order inflows in Q4FY25 and emerged L1 (lowest bidder) in several projects. It has indicated strong order inflow for FY26, indicating that infrastructure development opportunity remains huge.

Baazar Style Retail: Can this value retail player lead fashion growth?

BUSINESS

Baazar Style Retail: Can this value retail player lead fashion growth?

With record revenues, store additions, and strong private label momentum, Baazar Style Retail ended FY25 with strong growth.

Jubilant Foodworks: India business outlook strong; valuation expensive

BUSINESS

Jubilant Foodworks: India business outlook strong; valuation expensive

While India business outlook is robust, DP Eurasia (mainly Turkey business) is currently facing macroeconomic challenges, owing to hyper inflation

Titan Company: Healthy Q4FY25 results, robust outlook

BUSINESS

Titan Company: Healthy Q4FY25 results, robust outlook

Notwithstanding a sharp increase in gold prices, industry tailwinds, a broader product portfolio and product re-engineering are expected to sustain the growth momentum for the jewellery business.

Indian Hotels Company: Healthy Q4FY25 results; strong growth prospects

BUSINESS

Indian Hotels Company: Healthy Q4FY25 results; strong growth prospects

IHCL, with its leadership position and a comprehensive portfolio, is well-positioned to gain from the industry upcycle.

DMart: Sustained margin pressure to restrict earnings

BUSINESS

DMart: Sustained margin pressure to restrict earnings

Increased FMCG discounts and store operating costs led to a steep decline in margins in Q4FY25

Trent: Q4 FY25 margin surprises positively

BUSINESS

Trent: Q4 FY25 margin surprises positively

The company has huge headroom for growth and is likely to deliver robust earnings over the medium to long run.

SAMHI Hotels: Will the GIC deal be a game-changer for the stock?

BUSINESS

SAMHI Hotels: Will the GIC deal be a game-changer for the stock?

The deal should significantly deleverage SAMHI’s balance sheet and enhance growth prospects

Baazar Style: Is this the next rising star in value retail space?

BUSINESS

Baazar Style: Is this the next rising star in value retail space?

With consistent SSSG, an expanding private label portfolio, and strong store-level economics, Baazar Style stands out as a scalable and profitable value fashion retailer with deep regional presence

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