IndiGo needs to outperform peers on earnings to curb turbulence

IndiGo needs to outperform peers on earnings to curb turbulence

InterGlobe Aviation, India’s largest airline operator, has been experiencing volatility in its stock prices over the past few months despite better business fundamentals and an advantage in the sector due to a revival in passenger traffic. The decision of one of its promoters, Rakesh Gangwal, to reduce stakes in the airline in the next five … Read more

Hotels vs airlines: Which is the best way to bet on unlock stocks?

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Analysts expect higher earnings growth for hotel companies than airlines in 2022-23. Synopsis According to the latest earnings estimates of Bloomberg’s pool of analysts, earnings per share (EPS) of hospitality sector leader Indian Hotels Company Limited (IHCL) are estimated to grow 21% in 2022-23. ET Intelligence Group: In the leisure segment, a clear trend has … Read more