Manulife's Rana Gupta: Cautious on IndiGo, bullish on quick commerce & EMS

• Rana Gupta (Manulife IM) advises caution on IndiGo due to potential operational changes impacting financials.
• Gupta is optimistic about quick commerce's long-term outlook, expecting profitability as dark stores mature.
• In EMS, he stresses the importance of strong cash flows alongside growth, favoring companies reinvesting internal cash.
• Gupta sees the recent EMS correction as an opportunity to accumulate strong companies, citing projected domestic electronics production growth.
• He questions the scalability of social commerce platforms like Meesho due to their open-sourced logistics model.

Why It Matters: Expert insights guide investment decisions in key sectors.