InterGlobe Aviation shares rose on Thursday after CEO Pieter Elbers said to employees that the "worst is behind us," following disruption at airports across the country
IndiGo said it reduced its capacity and passenger unit revenue forecast for Q3, after the Civil Aviation ministry directed the carrier to cut 10 per cent
Technical charts show that stocks such as IndiGo, Hindustan Unilever, Apollo Hospitals and Tata Motors Passenger Vehicles are trading in oversold territory based on the RSI parameter.
IndiGo flight disruptions: As brand IndiGo takes hit, analysts caution on likely adverse impact on earnings and foresee up to 8 - 22 per cent further crack on the stock.
Anand Rathi believes IndiGo's disciplined low-cost structure, commanding market share, and strategic global expansion make it a long-term compounding story in Indian aviation.
During the quarter under review, InterGlobe Aviation reported a 20.25 per cent year-on-year (Y-o-Y) decline in consolidated net profit to ₹2,176.3 crore, down from ₹2,728.8 crore reported in Q1FY25
Technical charts suggest that shares of Bharti Airtel, Bajaj Finance and IndiGo can potentially appreciate another 15% from present levels; here are the key support and resistance levels to track.
Since January 22, 2025, the stock price of IndiGo has zoomed 32% after the company reported a better than expected 14% YoY growth in revenue, led by a 13% YoY rise in passenger volumes in Q3FY25.
Nifty 50 has corrected 10 per cent from its peak in September 2024, Goldman Sachs said, driven by cuts in EPS growth following a slower macro as well as a sharp correction in valuation multiples
In the past two months, shares of InterGlobe Aviation have rallied 18 per cent after the company reported a better than expected growth in revenue, and an increase in passenger volumes.
IndiGo Q3 results preview: Analysts tracking IndiGo stock expect the low-cost airline to report a turnaround performance in the quarter ended December 31, 2024, on a sequential basis
Lupin stock has broken out of a triple bottom pattern on the daily chart. It has also crossed above its key moving average suggesting bullish sentiment
The rally in IndiGo's share price followed a rating upgrade from domestic brokerage Elara Capital. The brokerage upgraded the stock to 'Buy' from 'Sell' and raised the target price to Rs 5,309
Technically, IndiGo stock seems to be facing resistance around its 100-DMA on the daily chart; however, the short- and the long-term trend seems favourable for the stock.