Buy InterGlobe Aviation, price target Rs 1465: Shubham Aggarwal

Shubham Aggarwal of Quantsapp Advisory has a buy call on InterGlobe Aviation Ltd. with a target price of Rs 1465. The current price of InterGlobe Aviation Ltd. is Rs 1414.5. Time period given by the analyst is Intra Day when InterGlobe Aviation Ltd. price can reach defined target. Shubham Aggarwal recommended to keep a stop loss at Rs 1370.

InterGlobe Aviation Ltd., incorporated in the year 2004, is a Large Cap company (having a market cap of Rs 53959.98 Crore) operating in Airlines sector.

InterGlobe Aviation Ltd. key Products/Revenue Segments include Income (Airlines) which contributed Rs 27769.81 Crore to Sales Value (97.44 % of Total Sales), Traded Goods which contributed Rs 395.41 Crore to Sales Value (1.38 % of Total Sales) and Other Operating Revenue which contributed Rs 331.55 Crore to Sales Value (1.16 % of Total Sales) for the year ending 31-Mar-2019.


For the quarter ended 30-09-2019, the company has reported a Consolidated sales of Rs 8105.19 Crore, down 13.96 % from last quarter sales of Rs 9420.06 Crore and up 31.04 % from last year same quarter sales of Rs 6185.31 Crore. Company has reported net loss after tax of Rs 1061.99 Crore in latest quarter.