Morgan Stanley initiated an ‘Overweight’ rating on Schloss Bangalore, setting a target price of Rs 549, driven by a luxury hospitality upcycle and strong financials. The stock surged 5% following the report. While concentration risk and demand cyclicality are concerns, steady growth and low debt support a potential re-rating for the company.
Market veterans favour value plays over crowded, expensive themes
Market experts project cautious optimism for Indian equities as valuations become less demanding and earnings growth aligns. Large-cap stocks appear more favorable compared to mid-