Page 4 - Indigo Shares

IndiGo shares gain most since 2016 on $30-bn Airbus aircraft order

The stock is still below a record high of 1,898.85 rupees ($26.76) hit on Sept. 30, after slipping through October

IndiGo dips 5% as DGCA warns of action post 3 cases of in-flight shut-downs

The order was issued after the airline reported three incidents of in-flight engine shut-downs on the A320 (Neo) fitted with Pratt-Whitney (PW) engines on three consecutive days between October 24 and

IndiGo dips 8% on biggest quarterly loss in Q2; brokerages cut target price

With marginal improvement seen in Q3 dampened by the economic slowdown and weak demand, brokerages have slashed target prices

IndiGo co-founder Rakesh Gangwal says feud still unresolved

BENGALURU (Reuters) - A co-founder of India's biggest airline IndiGo, Rakesh Gangwal, said reports that a truce had been brokered between him and another co-founder Rahul Bhatia over disagreements on corporate governance were "false and misleading."

IndiGo dips 5% as Gangwal alleges 'loophole' in proposed board structure

In the letter, Gangwal has alleged that "the proposed (new) board structure created a large loophole that gives the IGE Group additional powers that they don't have today."

IndiGo nosedives 18% on promoters' feud over corporate governance issues

Gangwal, who holds 36.68 per cent, has sought permission to hold an extraordinary general (EGM) meeting, alleging that the company has participated in objectionable related-party transactions (RPTs).

IndiGo is worst airline stock after profit drops 97% to $4 mn in 3 months

IndiGo, Asia's biggest budget airline by market capitalization, slumped as much as 11.4% earlier, the lowest intraday level since March 16, 2017

IndiGo clears issuance of 33.6 mn equity shares to institutional buyers

As of June 30, Gangwal and Chinkerpoo Family Trust owned 16.83 percent and 15.59 percent stakes in the co

Non-core income props up IndiGo's numbers

Total non-operating income for the quarter was around Rs 443 cr