Nuvama Institutional Equities initiated coverage on Swiggy with a Buy rating and a target price of 510, citing its strong scale, improving profitability in food delivery, and early recovery in quick commerce. The brokerage highlighted Swiggys turnaround in execution, noting it now outpaces Zomatos growth and stands among Indias largest hyperlocal delivery players.
Brokerages, including Jefferies, Motilal Oswal, Elara Capital, and HDFC Securities, have trimmed target prices for Trent to as low as Rs 4,300 following Q2 results, citing growth deceleration, weak like-for-like sales, and muted consumer sentiment. Despite stable margins, analysts flagged moderation in revenue momentum and advised caution amid rising competition and valuation concerns.
Investors with multiple SIPs often feel their mutual fund portfolios are cluttered. Experts suggest focusing on diversification quality over quantity. Combining flexi-cap funds for adaptability with multi-cap or mid/small-cap funds for balance offers effective long-term diversification, provided investors maintain clarity of purpose, avoid overlap, and review portfolios periodically.
