Ace investor Ashish Kacholia's net worth dipped by 5% as against an over 6% fall on the Sensex so far in March amid the US-Iran war; Shaily Engineering was the top performer in this portfolio.
Motilal Oswal believes demand is likely to recover with the onset of the holiday and wedding season, and has maintained a 'Buy' rating on VIP Industries & Safari Industries, citing a positive outlook
The brokerage preference remains hotels over aviation and luggage within the travel and related consumption basket, reflecting stronger earnings visibility in hotels
Motilal Oswal expects improved margin stability across the sector, aided by moderation in discounting and a strategic shift towards profitability