Goldman Sachs upgrades InterGlobe Aviation or Indigo to buy with a target price of Rs 2,210. Indigo’s market share gains are sustainable. Industry consolidation towards two large players will likely improve the pricing discipline, said the note.
PLI 2.0 for mobiles set to reward scale, exports; Dixon a key beneficiary: Motilal Oswal
The government’s new mobile phone manufacturing incentive scheme is set to favour companies with scale, export capabilities and strong domestic supply chains. Motilal Oswal said