Interglobe Aviation

Nifty 50 top losers today, October 23: Eternal, InterGlobe Aviation, UltraTech Cement, Eicher Motors and more

Max Health and Interglobe Aviation to enter Nifty 50 index, Hero MotoCorp and IndusInd Bank out

InterGlobe Aviation shares surge 4% as Citi reiterates ‘Buy’ rating with target price of Rs 5,200

InterGlobe Aviation shares jump 2% after Elara upgrades to ‘Buy’ rating

InterGlobe Aviation’s market cap surges by Rs 5,033 crore: Know More

InterGlobe Aviation’s market cap surges by Rs 4,166 crore

InterGlobe Aviation’s market cap falls by ₹6,735 crore as shares decline 4.31%

IndiGo Block Deal: Rakesh Gangwal and Chinkerpoo Family Trust to sell 1.47 crore shares via block deal tomorrow

Shares of IndiGo (Interglobe Aviation) will be in focus tomorrow on the back of a large block deal, media reports suggest.

Jefferies upgrades Indigo to Buy, raises target to Rs 5,225, expecting 21% upside in stock

Jefferies has upgraded InterGlobe Aviation Limited (IndiGo) to a "Buy" rating from its previous "Hold," raising its target price to ₹5,225 from ₹4,400. This revised target represents a potential 21% upside from the closing price today of ₹4,299 on the NSE.

IndiGo parent company reports decline in profit despite revenue growth

Indigo’s parent InterGlobe Aviation set to launch venture capital firm

The airline announced today that it made 3,090.6 crore, its highest-ever quarterly profit, for the April–June 2023 quarter. This was made possible by the strong demand for air travel during that time, decreased fuel prices, and favorable foreign exchange movements.

Indigo Q1 results: Net profit at 3,091 crore, revenue grows 30% YoY

According to a regulatory statement from the firm, IndiGo reported a net loss of Rs 1,064.3 crore for the same period in the previous year. During the period under review, total income was Rs 16,683 crore, up 29.8% from Rs 12,855.2 crore in the similar period of the previous fiscal year.

IndiGo shares fall over 4% amid reports of block deal

IndiGo shares fell 4.48% to Rs. 1,897.00, down from a previous closing of Rs. 1,912.05 on the NSE. The aircraft company's market capitalisation was Rs. 73,346 crore.

Stocks to watch: Tata Motors, Adani Green Energy, Zomato, Tata Power, IndiGo and others

Adani Green, Zomato, and Eicher Motors will release their July-September (Q2FY23) earnings on November 10; A subsidiary of Bharat Forge received an export order for $155.5 million.

Stocks to watch: SBI, Reliance, InterGlobe Aviation, Bank of Baroda, Titan and others

The stocks in focus as they release their September quarter earnings today are Coal India, BPCL, India Cements, Paytm, PB Fintech, and Aditya Birla Capital.