Cautious on IndiGo; valuation concerns emerge for Kaynes, quick commerce firms: DRChoksey Finserv
Published on: Dec. 10, 2025, 3:49 p.m. | Source: CNBC TV18
DRChoksey Finserv’s Deven Choksey sees stretched valuations for Kaynes Tech and advises caution until earnings performance stabilises. Choksey is also circumspect on Meesho’s business model outlook and warns that quick commerce companies remain far from sustainable profitability despite strong market share gains.
