Brokerage Radar: IndiGo, Adani Power, Suzlon Bullish; Honasa Consumer Reduce

• Morgan Stanley maintains 'Overweight' on IndiGo, seeing current weakness as a good entry point despite reduced FY26 EPS estimates.
• Morgan Stanley is positive on Adani Power, with an 'Overweight' rating, expecting 100% tie-up for its 23.7 GW under-construction capacity and a ₹2 lakh crore capex plan.
• Suzlon receives an 'Overweight' call from Morgan Stanley, highlighting its clear export strategy, expected new orders, and a large domestic market opportunity.
• HSBC maintains 'Buy' ratings on Godrej Properties, DLF, and Sobha, noting the real estate sector's strong health despite stock underperformance.
• HSBC issues a 'Reduce' call on Honasa Consumer, citing uncertainty regarding the long-term scalability of its core portfolio.

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