Morgan Stanley names Titan its preferred discretionary and retail pick

Brokerage calls spotlight consumer-sector signals: Titan is Morgan Stanley’s preferred discretionary name, while Blue Star targets data centres at 20% of sales by FY29 and Leela Hotels outlines a 1,100-key pipeline alongside its FY30 EBITDA ambition.

— Source publishedTue, 22 Sept, 2026, 07:15 IST·First seen Tue, 22 Sept, 2026, 08:11 IST·Source NDTV Profit

What happened

Brokerages flagged Indian consumer and retail signals: Titan is Morgan Stanley’s preferred discretionary pick; festive-calendar shifts may affect demand; Blue

Key facts

  • Leela Hotels: 1,100-key announced pipeline
  • Leela Hotels: Rs 2,000 crore FY30 EBITDA ambition
  • Leela Hotels: 25%+ EBITDA CAGR over FY26-FY30
  • Blue Star: data-center business targeted at 20% of sales by FY29 versus 10% in FY27
  • Adani Enterprises: TP Rs 3,830
  • Blue Star: TP Rs 1,635
  • Titan identified as Morgan Stanley's preferred discretionary and retail pick

Why this matters

Strategic teams should track premium retail, data-centre infrastructure and luxury travel for partnership or acquisition opportunities as Blue Star and Leela scale toward stated growth targets.