IndiGo shares gain as airline reports profit in Q4. What should investors do now?

IndiGo shares gain as airline reports profit in Q4. What should investors do now?

Interglobe Aviation’s shares gained on Friday after the company reported profit for the January-March quarter against a loss in the corresponding quarter in the year ago period. Following the Q4 show, Credit Suisse maintained an ‘Outperform’ rating on the counter while other top brokerages have a ‘Buy’ stance. The company which operates its airline under … Read more

Should you buy, hold or sell InterGlobe Aviation after Q1 numbers

Should you buy, hold or sell InterGlobe Aviation after Q1 numbers

New Delhi: Brokerage firms remain mixed over India’s largest airline carriage (IndiGo) after its Q1 numbers, which were majorly better than Street expectations. InterGlobe Aviation, which runs airline IndiGo, reported losses of Rs 1,064.30 crore in the June quarter compared with a loss of Rs 1,681.80 crore in the March quarter and Rs 3,174.20 crore … Read more