The stellar revenue performance has come on the back of only 78 per cent capacity utilisation by the comp ...More

The stellar revenue performance has come on the back of only 78 per cent capacity utilisation by the company. ...Less

The airline has been facing intense competition and the situation has been worsened by weak demand. ...More

The airline has been facing intense competition and the situation has been worsened by weak demand. ...Less

InterGlobe Aviation, parent of IndiGo, reported a Q2FY26 net loss of Rs 2,582 crore, reversing from a pro ...More

InterGlobe Aviation, parent of IndiGo, reported a Q2FY26 net loss of Rs 2,582 crore, reversing from a profit of Rs 2,176 crore in Q1. Revenue rose 9% YoY to Rs 18,555 crore, but rising costs and forex losses pressured margins. Brokerage Nuvama maintains a ‘Hold’ rating with a target of Rs 5,330, citing cautious outlook despite strong passenger growth. ...Less

Nearly 130 companies, including Tata Motors and Indigo, will be announcing their December quarter earning ...More

Nearly 130 companies, including Tata Motors and Indigo, will be announcing their December quarter earnings. Tata Motors is expected to have a strong performance due to robust demand for vehicles in India and growth in volumes for Jaguar Land Rover. Indigo is also expected to post strong profit growth driven by improving passenger yields and fare prices. ...Less

Shares of InterGlobe Aviation, parent of IndiGo, fell after UBS cut its target price to Rs 5,480 while re ...More

Shares of InterGlobe Aviation, parent of IndiGo, fell after UBS cut its target price to Rs 5,480 while retaining a Buy rating. The brokerage warned that ongoing geopolitical tensions, higher crude prices and a weaker rupee could hurt airline capacity and earnings in the near to medium term. ...Less

InterGlobe Aviation's stock price in the airline industry rose by 17% in May 2023, hitting a record high ...More

InterGlobe Aviation's stock price in the airline industry rose by 17% in May 2023, hitting a record high of Rs 2412 on May 30, 2023. Experts suggest that medium to long-term investors should consider buying the stock now for a possible target of Rs 2,800-2,900 in the next 12 months. The stock surpassed its November 16 swing high of Rs 2379 on November 16, 2021, indicating a gradual uptrend. IndiGo, the aviation major, recently posted a net profit of Rs 919 crore for the January-March period, indicating positive fundamental growth for the company. ...Less