Shares of InterGlobe Aviation, which operates IndiGo Airlines, rose nearly 3% in Friday’s trade on BSE to its new 52-week high of Rs 4,520 after the company’s PAT more than doubled to Rs 1,895 crore in Q4. Revenue from operations increased 26% year-on-year (YoY) to Rs 17,825 crore in the reporting quarter while the airline’s … Read more
Inter Globe Aviation, which runs IndiGo airline, on Friday said its September quarter net loss widened to Rs 1,583 crore from Rs 1,435.6 crore posted in the same quarter last year even as its revenue from operations rose 122.8% year on year (YoY) to Rs 12,497.6 crore during the period. During the quarter, the number … Read more
InterGlobe Aviation, part of the airline industry, has fallen by over 14 per cent from the November 2021 high but a breakout from a double bottom pattern on the weekly charts with strong volumes suggests that bulls are here to stay. Short-term traders can look to buy the stock now or on dips for a … Read more
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