The airline will deploy 60% more capacity in FY23 than in FY22 when it had to curtail operations in April due to surge of Delta variant and in Dec-Jan due to Omicron
Jet Airways has crossed the 200-weekly moving average (WMA) for the first time since mid-2018, a period of almost 4 years, which indicates an underneath positive bias
Auto stocks too could be in limelight as the government shortlisted 75 firms under its PLI scheme for the sector.
Both, Indigo and SpiceJet had broken major key levels; For reversal to take place these stocks need to conquer near-term hurdles and show sustainability.
While new investors should benefit from the potential future growth in the company's share price, a gradual reduction of my stake should also allow me to benefit from some of the upside, GangwaL said.
Shares of Bank of Baroda can jump 15% as it claimed a new 52-week high
These companies have significant exposure to price movement of Aviation Turbine Fuel (ATF) which is a derivative of crude oil.
The GST Council will meet today to discuss possible rollback of recently hiked rates for the textile industry.
These stocks have corrected between 10-20 per cent over the last one month relative to benchmarks' 3 per cent fall. Here's a possible way forward for these stocks
Analysts expect under-performance by FMCG shares to continue
Till 10:34 AM, around 4.28 million equity shares representing 1.1 per cent of total equity of InterGlobe Aviation had changed hands on the BSE
The last week's volume in SpiceJet was higher than its previous 35 weekly sessions
IndiGo hits a lifetime high on expectations of recovery, market share gains
This would offset the recovery in volumes from the lows in May
The company could, however, increase its market share due to supply constraints
The airline is now the world's seventh biggest by capacity and the largest outside the United States and China
India's largest airline, IndiGo's market share came down to 57.5 per cent from an all-time high of 60.4 per cent in July
QIP is a capital-raising tool through which listed companies can sell shares, fully and partly convertible debentures, or any securities, other than warrants that are convertible into equity shares
Commercial passenger flights and airport operations are suspended since the nationwide lockdown was imposed on March 24, causing crores in losses
While the company said it has not received any communication from Sebi in this regard, shares plunged sharply in afternoon trade on Tuesday