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.
Crude oil prices fell below $70 per barrel over US President Donald Trump's new tariffs, raising concerns over a global trade war that could weigh on oil demand
IndiGo leads with its operational metrics, including on-time performance, aircraft utilisation, and cost efficiencies such as a fuel-efficient fleet and streamlined network optimisation
IndiGo share price has rallied 10 per cent so far in the current week, including the 2 per cent gain in the stock price today
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.
InterGlobe Aviation, the parent of the country's largest airline IndiGo, will invest up to USD 45 million in its subsidiary InterGlobe Aviation Financial Services IFSC Pvt Ltd. The investment was approved by InterGlobe Aviation's board during its meeting on Wednesday. In one or more tranches, the investment of "up to Rs 3,940 million (USD 45 million approximately)", will be made in the IFSC subsidiary, according to a regulatory filing. "This investment will be utilised by IndiGo IFSC towards financing of aviation assets, repayment of its outstanding loan and for other general corporate purposes," the filing said. IndiGo IFSC, engaged in aircraft and aircraft engine leasing and providing financial services for such transactions, was incorporated in October 2023.
Interglobe Aviation Q3FY25 results: Indigo carried 27.325 million passengers, commanding a market share of 63.8%, compared to 24.31 million passengers and a 62.1% share a year ago
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
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.
t was the first time that domestic air passenger traffic crossed the 5,00,000 mark in a single day.
Analysts have cut IndiGo share price target for 2025 after the InterGlobe Aviation-owned airline reported a deep net loss of Rs 987 crore in Q2 FY25
IndiGo share price: Analysts, however, are divided on IndiGo's earnings for the quarter amid likely hit on volumes due to Delhi Airport roof collapse case and marginally higher fuel prices
InterGlobe Aviation promoter Rakesh Gangwal and his family trust have reduced their stakes in the airline by selling a combined 5.83 per cent shareholding for about Rs 10,500 crore. A total of 2.25 crore shares or 5.83 per cent holding in InterGlobe Aviation were sold by Gangwal and Chinkerpoo Family Trust, whose trustees are Shobha Gangwal and JP Morgan Trust Company of Delaware. In two separate regulatory filings, Rakesh Gangwal sold 22.50 lakh shares of InterGlobe Aviation and the Chinkerpoo Family Trust disposed of more than 2.02 crore scrips of the airline. After the share sale, Gangwal's stake in InterGlobe Aviation has come down to 5.31 per cent from 5.89 per cent, while the Chinkerpoo Family Trust's stake has declined to 8.24 per cent from 13.49 per cent, the filing said. Also, the combined shareholding of Gangwal and Chinkerpoo Family Trust has reduced to 13.55 per cent from 19.38 per cent. On Thursday, Gangwal's family trust sold a 5.24 per cent stake in the airline for
IndiGo block deal news: A total of 25.73 million shares of InterGlobe Aviation have been traded so far on the bourses on the NSE and BSE
India is a very underpenetrated aviation market, which means a strong growth outlook
3.8 per cent stake for Rs 7.1k crore on sale via block deals: Sources
IndiGo share price today: Jefferies bull case pegs IndiGo's share price target price at Rs 5,800, suggesting a likely upside of 29.4 per cent from current levels
Kotak Institutional Equities has a 'Buy' rating on the stock with a target price of Rs 5,400, suggesting 28 per cent upside from current levels
IndiGo airlines currently operates more than 2,000 flights daily, connecting around 120 destinations, including 33 international cities