Page 5 - Interglobe Aviation

Co-founder Rakesh Gangwal to further pare down his stake in IndiGo

3.8 per cent stake for Rs 7.1k crore on sale via block deals: Sources

IndiGo soars 9% in 2 days, hits record high on Jefferies' 'Buy' upgrade

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

Here's why Kotak Institutional Equities thinks IndiGo stock may rerate

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 to introduce flights to 7 new global destinations by end of FY25

IndiGo airlines currently operates more than 2,000 flights daily, connecting around 120 destinations, including 33 international cities

Why did IndiGo share price fall 5% post Q1 2024-25 results? Read here

IndiGo share price target: Brokerages have mixed rating on IndiGo stock with ICICI Securities maintaining 'Buy' (unchanged target price of Rs 5,265)

IndiGo Q1 FY25 results: Net profit declines 11.7% to Rs 2,728.8 crore

The airline's chief financial officer Gaurav Negi said that about 70 IndiGo planes are currently grounded

IndiGo Airlines fined $5,832.60 for late payment by US customs

IndiGo reportedly received the intimation about the penalty from the US authority on 24 July, and is currently exploring the possibility of a waiver of the penalty

IndiGo Q1FY25 results today: Will it report profit or loss? Read preview

IndiGo Q1FY25 result preview: : InterGlobe Aviation-owned IndiGo Airlines may report lower profit on yearly basis due to high base of last year and low air traffic amid Delhi T1 roof collapse crisis

InterGlobe Aviation to receive compensation from P&W for engine issues

InterGlobe Aviation -- the parent company of no-frills carrier IndiGo -- on Friday said it will receive a "customised" compensation from aircraft engine maker Pratt & Whitney's affiliate firm International Aero Engine (IAE) for grounded aircraft. "On June 14, 2024, InterGlobe Aviation Ltd finalized an amendment to the existing agreement with International Aero Engines, LLC, an affiliate of Pratt & Whitney pursuant to which IAE will provide IndiGo with a customized compensation in relation to the ongoing situation of aircraft on ground due to unavailability of engines," InterGlobe Aviation said in a regulatory filing. The company, however, did not give the amount of compensation. A good number of IndiGo aircraft are grounded amid supply chain and engine issues. In February, the airline had said the number of aircraft on ground was in the mid-70s. The Gurugram-based budget carrier airline is the only profit-making domestic carrier. It reported more than doubling of profit after .

IndiGo shares fall over 4% after 11 mn shares change hands via block deal

IndiGo block deal: Reports suggest Rahul Bhatia-led InterGlobe Enterprises was the likely seller of its 2 per cent stake

Stocks to Watch, June 11: IndiGo, Siemens India, PTC Industries, APL Apollo

Stocks to Watch today: Rahul Bhatia's promoter entity, InterGlobe Enterprises, is expected to off load around 2 per cent stake in IndiGo Airlines through a block deal on Tuesday

InterGlobe Aviation stock hits an air-pocket in Jan-Mar quarter of FY24

The airline has added more domestic routes, totalling 400 across 88 destinations and added more international routes, totalling 100 across 33 international destinations

IndiGo stock strategy: Up to 18% upside seen post Q4; check target prices

IndiGo share price: IndiGo has announced a plan to launch a tailor-made business product for India's busiest and business routes

IndiGo Q4 preview: Stock hits record high ahead of nos; what to expect?

IndiGo Q4 results: Analysts expect robust demand, and lower competitive intensity to aid Q4Fy24 earnings

Steady, dependable: Why analysts think IndiGo is Rahul Dravid of aviation

IndiGo stock strategy: Given the run, analysts say IndiGo stock prices in most positives at the current levels

Experts call IndiGo stock 'Rahul Dravid' Should you invest now

InterGlobe Aviation, the parent company of IndiGo, has seen impressive gains in recent months. However, experts believe most of the good news is already priced into the stock, so they don't expect big

IndiGo places first-ever widebody aircraft order for 30 Airbus A350 jets

Such a deal would be worth more than $9 billion, as per the last catalogue rates published in 2018

InterGlobe, Archer Aviation plan electric air taxis from CP to Gurugram

Archer Aviation will supply 200 electric vertical takeoff and landing (eVTOL) aircraft that can carry four passengers besides a pilot

Vistara's loss may not be IndiGo's gain; oil remains an overhang: Analysts

Surging oil prices, according to analysts, could hit the airline if the government decides to hike the prices of aviation turbine fuel (ATF).

IndiGo world's third largest airline by mcap as shares hit record high

In December 2023, IndiGo airline surpassed United to become the sixth largest airline in the world