Interglobe Aviation Q2 Results: Net loss widens to Rs 1,583 cr; revenue soars123% YOY

Interglobe Aviation Q2 Results: Net loss widens to Rs 1,583 cr; revenue soars123% YOY

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

Chart Check: This airline stock records breakout from double bottom pattern; time to buy?

Chart Check: This airline stock records breakout from double bottom pattern; time to buy?

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

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