The Economic Times News

IndiGo faces turbulence ahead; Kaynes Tech emerges as value buy after 50% crash: Sudip Bandyopadhyay

Market expert Sudip Bandyopadhyay says IndiGos 20% fall is not yet a buying opportunity as regulatory action is likely to curb its 65% market share. He expects the government to prevent near-monopoly conditions in aviation. In contrast, he sees value in Kaynes Tech after a 50% correction, noting improved clarity on accounting issues and solid long-term business fundamentals.