Accumulate InterGlobe Aviation, target price Rs 4667: Prabhudas Lilladher

InterGlobe Aviation Ltd. key Products/Revenue Segments include Income (Airlines) and Other Operating Revenue for the year ending 31-Mar-2022

By ETMarkets.com | Updated: May 28, 2024, 09.32 AM IST

Promoters held 57.29 per cent stake in the company as of 31-Mar-2024, while FIIs owned 23.66 per cent, DIIs 15.03 per cent.

Prabhudas Lilladher has accumulate call on InterGlobe Aviation Ltd. with a target price of Rs 4667. The current market price of InterGlobe Aviation Ltd. is Rs 4251.7.

InterGlobe Aviation Ltd., incorporated in the year 2004, is a Large Cap company (having a market cap of Rs 164154.81 Crore) operating in Airlines sector.

InterGlobe Aviation Ltd. key Products/Revenue Segments include Income (Airlines) and Other Operating Revenue for the year ending 31-Mar-2022.

Financials
For the quarter ended 31-03-2024, the company reported a Consolidated Total Income of Rs 18505.10 Crore, down -7.76 % from last quarter Total Income of Rs 20062.25 Crore and up 26.75 % from last year same quarter Total Income of Rs 14600.12 Crore. Company reported net profit after tax of Rs 1894.82 Crore in latest quarter.

Promoter/FII Holdings
Promoters held 57.29 per cent stake in the company as of 31-Mar-2024, while FIIs owned 23.66 per cent, DIIs 15.03 per cent.

Not making enough money in stocks? Click here for real-life stories of successful investors.

Too busy to trade in stocks? Invest in Mutual Funds with ET Money!