Choksey flags risks in InterGlobe Aviation, Kaynes Tech, quick commerce sector

• Market expert Deven Choksey advises caution on InterGlobe Aviation due to recent losses, potential penalties, and structural government changes impacting operations and market share.
• Choksey recommends a 'wait-and-see' approach for Kaynes Technology, citing an unquantified accounting error impact on its profit and loss statement and its premium valuation.
• He expresses skepticism about Meesho's long-term viability, noting its business model lacks a competitive moat and relies on advertising, leading to uncertain growth.
• Choksey warns investors about the quick commerce sector (including Swiggy and Blinkit), highlighting unsustainable cash burn and richly priced valuations without foreseeable profitability in the next three years.

Why It Matters: Expert warns investors about risks in specific stocks and quick commerce.