Motilal Oswal's Siddhartha Khemka prefers L&T, stays cautious on IndiGo, sees upside in Swiggy

Siddhartha Khemka prefers L&T over Thermax and has a buy call on L&T with a ₹4,500 target. He expects short-term pressure for InterGlobe Aviation but sees long-term strength, advising new investors to wait for Q3 results. He remains positive on Premier Energies and other renewable firms. For Swiggy, he sees improving profitability, expects Instamart to break even by Q1 FY27, and keeps a buy rating with a ₹550 target.

Source link