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 be EPS accretive and strengthen its presence in South India, according to brokerages. Nomura, Goldman Sachs and JM Financial retained Buy ratings on IHCL, citing potential cost synergies, asset optimisation and direct ownership of key properties. T…